Business customers prefer to deal with producers through intermediaries and thus eliminate much of the burden of sorting out details.

Answer the following statement true (T) or false (F)


False

Business

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Service firms choose locations based, in part, on the revenue potential of a site

Indicate whether the statement is true or false

Business

Kisler Incorporated makes a single product-a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below:    Total budgeted manufacturing overhead$70,035 Budgeted production 15,000unitsStandard hours per unit (b) 0.70machine-hoursBudgeted hours (a) × (b) 10,500machine-hours    Actual production (a) 14,000unitsStandard hours per unit (b) 0.70machine-hoursStandard hours allowed for the actual production (a) × (b) 9,800machine-hoursTotal actual manufacturing overhead$97,489     ?The predetermined overhead rate is closest to:

A. $6.67 per machine-hour B. $4.67 per machine-hour C. $6.96 per machine-hour D. $9.95 per machine-hour

Business

OPIC insurance is primarily intended to protect U.S. investments in Japan, Canada and Western Europe

Indicate whether the statement is true or false

Business

The only way to access the data in a database is through the DBMS

a. True b. False Indicate whether the statement is true or false

Business