Packet switching does not require a dedicated circuit
Indicate whether the statement is true or false
TRUE
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Avalon Industries buys equipment for $24,000, expects to use it for ten years, and then sell it for $3,000. Using the straight-line method, the company should report annual depreciation for the equipment of:
A. $4,800. B. $4,200. C. $2,100. D. $2,400.
Hobbs Manufacturing Co's static budget at 10,000 units of production includes $50,000 for direct labor and $7,000 for variable electric power. Total fixed costs are $30,000 . At 15,000 units of production, a flexible budget would show ________
a. variable costs of $85,500 and $36,000 of fixed costs b. variable costs of $75,000 and $30,000 of fixed costs c. variable costs of $85,500 and $24,000 of fixed costs d. variable and fixed costs totaling $115,500
Projects, rather than repetitive tasks, are now the basis for most value-added in business
Indicate whether the statement is true or false
_____ products are searched for extensively, and substitutes are not acceptable. These products may be quite expensive, and often distribution is limited.
A. Exclusive shopping B. Homogeneous convenience C. Branded shopping D. Specialty E. Heterogeneous convenience