Which of the following is true regarding sales analysis?
A. Sales analysis can highlight important trends and help managers develop more accurate sales forecasts.
B. A detailed sales analysis is most effectively presented with tables containing rows and columns of numbers, as opposed to charts and graphs.
C. Sales data should be broken down according to customer characteristics such as demographics, because those are the only relevant dimensions.
D. Sales analysis is difficult and expensive because the data are difficult to obtain.
E. There is a single best way for analyzing sales data.
Answer: A
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Which of the following statements is false?
a. Checks and deposit slips are the main source of documents backing up the bank statement. b. Retailers use cash register tapes to recognize sales. c. Stock certificates are evidence of being a creditor of the company. d. Time cards are used as the source of information to record wages.
The ending balance in the Work in Process Inventory account is supported by individual Overhead account balances
Indicate whether the statement is true or false
According to the results of a global survey by McKinsey, a quarter of ________________do not know what effect, if any, these activities have on shareholder value or on what activities are the most important, when asked to consider the following: compliance/transparency; changing business processes; investment in social issues; creating new revenue streams; and charitable giving.
a. CFOs, investment professionals, and CSR professionals b. CR directors c. CIOs and CR experts d. CIOs, CEOs, and CSR professionals
Consumers will probably pay in large part for cleaning up our environment through increased taxes or increased product costs.
Answer the following statement true (T) or false (F)