The tracking of inventory shrinkage due to theft, damage, or errors is done with the help of a (n) ________ of inventory.
A) authorization
B) sale
C) physical count
D) delivery
C) physical count
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______ is the conflict-handling style in which both parties give up something to gain something.
A. Avoiding B. Forcing C. Accommodating D. Collaborating E. Compromising
An example of a company that would use a process cost system is a(n)
a. consulting firm; b. print shop; c. cement company; d. home remodeling company; e. automobile sales dealership
Answer the following statements true (T) or false (F)
1. After comparing budgets with the actual results, the feedback allows managers to determine what, if any, corrective action should be taken. 2. Budgeting requires managers to develop overall business goals and budget for specific actions to achieve the goals. 3. Budgets provide a benchmark that motivates employees and helps managers evaluate performance. 4. Developing a budget reduces coordination and communication at different levels in an organization. 5. budget represents the plans that a company has in place to achieve its goals.
Cash outflows from financing activities include the payment of cash dividends, the acquisition of treasury stock, and the repayment of amounts borrowed
Indicate whether the statement is true or false