Materials and supplies that cannot be traced conveniently to specific products are called
A) indirect materials.
B) raw materials.
C) waste materials.
D) direct materials.
A
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A machine was purchased for $39,000 . It has a current carrying value of $18,000 and had a depreciable cost of $25,000 . Its estimated residual value must have been
a. $18,000. b. $14,000. c. $11,000. d. $21,000.
All risks insurance provides better protection than named perils insurance
Indicate whether the statement is true or false
If a plaintiff in a civil lawsuit wins the case but the defendant does not pay the judgment, the plaintiff may request the clerk to issue a writ of execution. If the writ is returned unsatisfied, certain property of the defendant may be seized by the sheriff and sold to pay the judgment
Indicate whether the statement is true or false
A retailer could misread a demand signal doubling its normal order, and the wholesaler could respond and also double its order resulting in four times the retail order. This is an example of the bullwhip effect.
Answer the following statement true (T) or false (F)