The step-down method ultimately results in less total cost being allocated to operating departments than the direct method.

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


False

Business

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Suppose 100 million people consume black tea every year, and an average consumer consumes 8 kgs of tea at an average price of $3 per kg. Compute the total market potential for tea

What will be an ideal response?

Business

______ communication is the ability to transmit messages through e-mail, Skype, videoconferencing, blogs, fax, instant messaging, texting, and social networking.

A. Oral B. Nonverbal C. Written D. Electronic

Business

In a standard cost system, a favorable variance will appear as:

A. a debit entry. B. either a debit or a credit entry. C. a credit entry. D. variances do not affect journal entries.

Business

An option is itself a contract to refrain from revoking an offer

Indicate whether the statement is true or false

Business