Which of the following is an argument against the use of direct (variable) costing?
a. Absorption costing overstates the balance sheet value of inventories.
b. Variable factory overhead is a period cost.
c. Fixed manufacturing overhead is difficult to allocate properly.
d. Fixed manufacturing overhead is necessary for the production of a product.
D
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Sony found that Japanese commuters had difficulty using standard laptops on crowded rush-hour trains since standing commuters have no laps. So it created the U as a "standing computer"
The U includes a touch screen and small keyboard that can be used while standing or on the move. This is an example of ________. A) straight product extension B) product invention C) product adaptation D) dual adaptation E) standardization
Which of the following statements is true of a capital budgeting project with a negative net present value (NPV)?
A. The project's internal rate of return is also negative. B. The project's discounted payback period is greater than its economic life. C. A firm should invest in a project with a negative NPV if the initial investment outlay is low. D. The project's traditional payback period is greater than the firm's expected payback period. E. The project's internal rate of return is higher than the discount rate used for NPV analysis.
True or False Response error can occur when an individual fails to return a questionnaire
Indicate whether the statement is true or false
A method of assigning probabilities that assumes the experimental outcomes are equally likely is referred to as the
a. objective method b. classical method c. subjective method d. experimental method