Costs that are traceable to a segment and are completely beyond the influence of the segment manager can be advantageously divided in segment reports into two distinct responsibilities - those for segments and those for segment managers.
Answer the following statement true (T) or false (F)
True
One advantage of segmented reports is that they make a distinction between segments and segment managers.
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A firm has a gross profit of $60 million and a net marketing contribution of $14 million. The firm has a market share of 6% and a margin per unit of $70. Calculate the marketing and sales expenses of the firm
A) $46 million B) $70 million C) $ 420,000 D) $10,000 E) $14 million
Which of the following best describes the current state of legal protection against bullying in the workplace?
a. Employees everywhere are federally protected against workplace abuse. b. About one-third of states have legal protections against bullying. c. Legislation has been proposed but never adopted. d. Employees in any state can sue an organization for allowing an abusive work environment.
Jeremy holds 14.5% shares of stock in an automobile company. As per the company norms, if the company issues new stock, as an existing stockholder, Jeremy can buy 14.5% of the new shares before the stock is offered to the other investors of the company. Which of the following common stockholder rights does this scenario exemplify?
A. A prima facie right B. Tag-along right C. A preemptive right D. Right to a residual claim on assets
In the context of limited partnerships, which of the following is an aspect that differentiates limited partners from general partners?
A. Duration of the partnership in a company B. Sharing of the profits of a company C. Financial contribution to a company D. Participation in the management of a company