Forrester Research, Inc., offers business research on a subscription business model basis. ?
Answer the following statement true (T) or false (F)
True
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An investor purchased $50,000 of 10-year bonds it intends to hold to maturity. The investor's journal entry to record the purchase is a debit to Debt Investments-HTM for $50,000 and a credit to Cash for $50,000.
Answer the following statement true (T) or false (F)
QRC Company is trying to decide which one of two alternatives it will accept. The costs and revenues associated with each alternative are listed below: Alternative A Alternative BProjected revenue$180,000? $240,000? Unit-level costs 34,000? 45,000? Batch-level costs 21,500? 33,000? Product-level costs 24,000? 26,000? Facility-level costs 19,000? 21,500? What is the differential revenue for this decision?
A. $180,000 B. $60,000 C. $240,000 D. $85,000
Promises of fact made during the bargaining process are express warranties
Indicate whether the statement is true or false
Managerial accountants use either task analysis or an analysis of historical data to set cost standards.
Answer the following statement true (T) or false (F)