Direct labor and manufacturing overhead often are combined into a single cost category termed conversion costs.
Answer the following statement true (T) or false (F)
True
It is true that direct labor and manufacturing overhead are often combined and referred to as conversion-costs.
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Answer the following statements true (T) or false (F)
1) After a company has written off an account, the company continues to attempt to collect on the receivable. 2) Under the allowance method, if a customer makes payment on a receivable that has already been written off, the company needs to reverse the write-off to the Allowance for Bad Debts account. 3) If a customer makes payment on a receivable that has already been written off, the receivable account is reestablished. 4) When using the allowance method, the receipt of a payment on receivables that have been written-off requires an entry to reverse the write-off to the Allowance for Bad Debts account and an entry to record the receipt of cash.
Corporate marketing ethics policies should most likely address distributor relations, advertising standards, customer service, pricing product development, and general ethical standards
Indicate whether the statement is true or false
In deductive reasoning, if a minor premise is false, the conclusion will be false
Indicate whether the statement is true or false
For twenty years, Ozzie works for Players Paradise, a destination for vacationers from across the United States, maintaining golf carts. After a steady stream of positive job evaluations and merit pay raises, Ozzie is promoted to the position of
supervisor of golf-cart maintenance at three of Players's courses. Five years later, a new employee, Quentin, is hired to oversee operations at all ten of Players's courses. Quentin demotes Ozzie, who is now over the age of forty, to running only one of the three cart facilities, and freezes his salary. Quentin demotes five other employees over the age of forty and places one of Ozzie's former facilities under the supervision of Richie, who is twenty-three. Ozzie overhears Richie say, "We're going to have to do away with these old, senile men.". Less than a year later, Quentin reconsolidates the three cart facilities' operations under Richie's charge. Ozzie quits and files a suit against Players for employment discrimination. Should he prevail? Explain.