Which of the following statements is true?
a. EUP calculations for standard process costing are identical to those computed using the FIFO method of process costing
b. A standard cost system simplifies record keeping
c. When recording material used under a standard cost system, WIP is debited for the standard costs and material inventory is credited for the actual costs.
d. All of the above statements are true.
d
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Explain the difference between a cost-leadership strategy and a differentiation strategy. Provide an example of a company that uses each type of strategy.
What will be an ideal response?
Through marketing accountability, marketing is treated more as a(n) ________ than as a(n) ________
A) effect; cause B) indicator; art C) process; art D) art; process E) art; science
In Whalen v. Union Bag & Paper Co, where a paper mill polluted a farmer's creek so he sued to stop the pollution, the appeals court held that:
a. the fact that the damage to the plaintiff was slight compared with the defendant's expense of abating the condition was not a good reason for refusing an injunction b. the fact that the damage to the plaintiff was slight compared with the defendant's expense of abating the condition was a good reason for refusing an injunction c. since the damage to the plaintiff was slight, there was no case d. since the damage to the plaintiff was slight, so the defendant should not have to pay damages e. the plaintiff did not have any rights with regard to the water flowing through his property
The model that assumes that the actual time series value is the product of its components is the
a. forecast time series model. b. multiplicative time series model. c. additive time series model. d. horizontal time series model.