An information system that enables decision makers to interact directly with both databases and analysis models is called a decision support system
Indicate whether the statement is true or false
TRUE
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In most large organizations, the journal voucher file has replaced the formal general journal
Indicate whether the statement is true or false
Why might stock options not be the best way to promote coordination of goals?
a. Stock prices can fluctuate quickly. b. Many of the variables that affect stock prices are beyond a manager's control. c. Employees generally do not value stock options very highly. d. None of these choices
When a company has a reputation of being environmentally unfriendly, ______.
a. investors will favor it as the operating costs will generally be lower b. investors will not favor it as the operating costs will be high c. customers will prefer to buy its products d. customers will prefer not to buy its products
Kingston Company sells its product for $200 per unit. The company's accountant provided the following cost information: Manufacturing costs$25,000+40%of sales Selling costs$10,000+20%of sales Administrative costs$15,000+10%of sales What is Kingston Company's contribution margin ratio?
A. 20% B. 15% C. 35% D. 30%