If the indirect labor cost in August for clerical and maintenance that help production in all departments was $123,000, the following journal entry would be recorded in a process costing system:      Factory Overhead123,000   Factory Wages Payable  123,000 

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


True

Business

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Anne wants to accumulate $25,000 by December 31, 2019. To accumulate that sum, she will make twelve equal quarterly deposits of $1,616.66 at the end of March, June, September, and December, beginning on March 31, 2016, into a fund that earns interest compounded quarterly. What annual rate of interest must the fund provide to yield the desired sum?

A) ?4.5% B) ?6.5% C) ?18% D) ?26%

Business

The following are characteristics of a contemporary control system, except:

A. It is a key catalyst for an ongoing debate about underlying data, assumptions, and action plans. B. It generates information that is important enough to demand regular and frequent attention. C. It must focus on constantly changing information that is strategically important. D. It circumvents the need for face-to-face meetings among superiors, subordinates, and peers.

Business

Service process redesign efforts typically focus on achieving all EXCEPT which of the following key performance measures?

a. Reduced number of service failures. b. Reduced cycle time. c. Enhanced productivity. d. Increased profitability. e. Increased customer satisfaction.

Business

In the context of the evolution of marketing, explain the marketing era.

What will be an ideal response?

Business