Departmental contribution to overhead is the amount of sales for that department, less its direct expenses.
Answer the following statement true (T) or false (F)
True
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Marjam Company owns 35,200 shares of MacKenzie Company's 110,000 outstanding shares of common stock. MacKenzie Company pays $33,500 in total cash dividends to its shareholders. Marjam's entry to record this transaction should include a:
A. Credit to Dividend Revenue for $10,720. B. Credit to Interest Revenue for $33,500. C. Credit to Equity Method Investments for $10,720. D. Credit to Dividend Revenue for $33,500. E. Credit to Equity Method Investments for $33,500.
If the cost of an additive is $5,000 + $0.50 for every unit of solvent produced, the cost is classified as a step cost
Indicate whether the statement is true or false
Sam is flying to Rio de Janeiro, Brazil, to meet with a prospective customer. He wants to learn the ethical standards, degree of formality, and gender biases of the country. Which of the following types of information will help Sam to accomplish his task?
A. demographic B. political and legal C. economic D. business environment E. geography
Systems analysis and design is the process of creating and maintaining information systems
Indicate whether the statement is true or false