In making short-term business decisions, what should you do?
a. Use a traditional costing approach
b. Focus on total costs
c. Separate variable from fixed costs
d. Focus only on quantitative factors
Separate variable from fixed cost
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When generating alternative solutions during the decision-making process, ________ solutions must be designed for specific problems.
A. approved B. custom-made C. open-ended D. adjustable E. ready-made
The basic unit containing the elements of the population to be sampled is the ________
A) judgmental sample B) sample C) sampling unit D) sampling frame
Companies are doing less ________ and more ________ as a result of the explosive developments in communication technologies to better target smaller customer segments
A) personal selling; digital activities B) public relations activities; digital activities C) digital activities; mass marketing D) mass marketing; engagement marketing E) viral marketing; word-of-mouth marketing
U.S. GAAP and IFRS provide criteria for distinguishing operating leases from capital leases. Which of the following is/are not true?
a. U.S. GAAP provides four criteria, any one of which qualifies a lease as a capital lease. b. IFRS provides general criteria for identifying the entity enjoying the rewards and incurring the risk. c. Firms can currently apply the fair value option to capital leases. d. The FASB and the IASB have undertaken a joint project involving the lessee's accounting for leases which may result in treating all leases as capital leases. e. all of the above