Databases are created in a DBMS during the implementation step
Indicate whether the statement is true or false
TRUE
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The Carlin Fabrication Plant suffered a fire incident at the beginning of the year, which resulted in the loss of property including the accounting records. Some data for the year were retrieved, and extracts from it are shown below:
The company's manufacturing overhead allocation is based on the number of machine hours. What is the amount of manufacturing overhead cost allocated to Work-in-Process Inventory during the year? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)
A) $30,419
B) $335,666
C) $104,900
D) $192,708
The manager of a cost center is responsible for controlling costs and generating revenues for the company
Indicate whether the statement is true or false
When dissolution takes place by voluntary action, the members of the board of directors are responsible for winding up the affairs of the corporation
Indicate whether the statement is true or false
A project costs $12,000 and has a discount rate of 15%. Calculate the profitability index of the project that has cash flows of $2,500 in years 1 and 2, and $4000 in years 3 and 4
A) 0.75 B) 0.98 C) 1.08 D) 1.14 E) 1.28