Assets are increased with debits and decrease with credits
Indicate whether the statement is true or false
True
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Following is a list of advantages and disadvantages of the corporate form of business. Identify each characteristic as either an advantage (A) or a disadvantage (D).
Which of the following costs would not be included in factory overhead in the manufacture of a student's desk?
a. The oil used to maintain the machinery. b. The salary of the supervisor of the Assembly department. c. The wood used to form the top of the desk. d. The wages of personnel who perform inspections of incoming materials.
Job-order costing methods are used in a variety of service industry firms and nonprofit organizations.
Answer the following statement true (T) or false (F)
What is the National Performance Excellence Award in the USA better known as?
a. National Business Achievement Award b. USA Quality Management Award c. Martin Bailey Award d. Malcolm Baldrige Award