______ variations are wave-like oscillations in demand about the trend line caused by changes in economic or business cycles or due to changes in political conditions.
A. Cyclical
B. Seasonal
C. Irregular
D. Random
A. Cyclical
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The amount of inventory on hand is determined by physically counting the goods on hand and determining the cost of those goods
a. True b. False Indicate whether the statement is true or false
The Harold Corporation just started business in January of 2010. They had no beginning inventories. During 2010 they manufactured 12,000 units of product, and sold 10,000 units. The selling price of each unit was $20. Variable manufacturing costs were $4 per unit, and variable selling and administrative costs were $2 per unit. Fixed manufacturing costs were $24,000 and fixed selling and
administrative costs were $6,000. What would be the Harold Corporations Net income for 2010 using direct costing? A) $114,000 B) $110,000 C) $4,000 D) $106,000
If a negotiable instrument is not paid on time and a lawsuit to collect the amount of the instrument is not brought within the time set by a state's statute of limitations, the instrument is ____________________
Fill in the blank(s) with correct word
When interacting with the customer, it is important that the project manager
A. Allow only one person from the project team to communicate with the customer. B. Ask the customer to repeat important details. C. Speak slowly and in precise terms. D. Show the customer your knowledge on the subject by using technical terms. E. Speak the language of the customer.