When using the high-low method, the accountant assumes the fixed portion of mixed costs to be the lowest fixed amount incurred during the period under review
Indicate whether the statement is true or false
False
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The selling price of the stock as indicated by the most recent stock transaction is ___________________________________
Fill in the blank(s) with correct word
If a division is set up as an autonomous profit center, then goods should not be transferred
a. to other divisions in the same company. b. in or out at a cost-based transfer prices. c. in at a cost-based transfer price. d. out at a cost-based transfer price.
A person who did not necessarily commit the crime, can still be held criminally responsible for acts committed by others:
a. only when the crime committed is a white-collar crime. b. only for crimes committed outside the United States. c. only when the person who actually committed the crime is a supervisor. d. when the person is an employer with responsibility over the act of his/her employee, who committed the act.
The biggest challenge in making a decentralized organization function effectively is to obtain goal congruence among the organization's autonomous managers.
Answer the following statement true (T) or false (F)