A cost that is assigned to a product using activity-based costing may or may not be a relevant cost in a decision involving that product.

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


True

Business

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After Fidel Castro took power in Cuba in 1959, his government seized control of American property without paying compensation

Coca-Cola, DuPont, Texaco, and dozens of other American companies have filed claims against Cuba seeking financial settlements. Which of the following terms most specifically describes the action Castro took against these companies? A) nationalization B) confiscation C) expropriation D) internationalization E) deportation

Business

The correct term for the process of recording the economic effects of business transactions in a book of original entry is

a. Double-entry system b. Debit c. Credit d. Journalizing

Business

Is it a good idea to switch between drafting and revising while composing the content of your message?

What will be an ideal response?

Business

Which of the following statements about social class is FALSE?

A. People with the same income level are always in the same social class. B. People in different social classes tend to have different beliefs and feelings. C. Variables such as occupation, education, and type of housing form the basis of simple approaches for measuring social class. D. The U.S. class system is far less rigid than the class systems in most other countries.

Business