Under the LIFO inventory flow assumption, if the number of units in inventories increase between the beginning and end of the period, absorption costing net operating income will generally be greater than variable costing net operating income.
Answer the following statement true (T) or false (F)
True
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Why do marketers find baby boomers attractive?
What will be an ideal response?
To be classified as a cash equivalent, the only criterion an item must meet is that it must be readily convertible to a liquid asset.
Answer the following statement true (T) or false (F)
The earnings of an employee are directly related to productivity in which compensation plan?
a. straight-commission plan b. straight-salary plan c. salary plus commission plan d. compensation cafeteria
If an assembly line operates for 420 minutes per day and its demand forecast calls for production of 20 units per day, what is the assembly line’s takt time?
a. 420 minutes per unit b. 20 minutes per unit c. 21 minutes per unit d. 0.05 minutes per units