Costs already incurred in manufacturing the units of a product that do not meet quality standards are relevant costs in a scrap or rework decision.

Answer the following statement true (T) or false (F)


False

Business

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Chile decided to become only an associate member of Mercosur and hence participates in the free trade area aspect of Mercosur as well as the customs union

Indicate whether the statement is true or false

Business

________ out of every 10 U.S. consumers owned a smart phone in 2014

A) Two B) Four C) Six D) Eight E) Ten

Business

Use question marks to indicate ________________

a. implied questions b. potential questions c. direct questions d. commands

Business

If a business sells four products, it is not possible to estimate the break-even point

Indicate whether the statement is true or false

Business