Software development costs are treated as R&D expense until technological feasibility of the product is established
Indicate whether the statement is true or false
True
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Presentment warranties are made by the drawer of a check or draft
Indicate whether the statement is true or false
_______ planning defines the actions the company will take if the initial marketing strategy does not achieve results.
Fill in the blank(s) with the appropriate word(s).
If a department that applies process costing starts the reporting period with 40,000 physical units that were 80% complete with respect to direct materials and 50% complete with respect to direct labor, it must add 8,000 equivalent units of direct materials and 20,000 equivalent units of direct labor to complete them.
Answer the following statement true (T) or false (F)
A company may be inclined to use both direct and indirect channels of distribution when
A. serving multiple target markets. B. selling to business customers. C. it wants total control over the marketing mix. D. selling to final customers. E. suitable channel partners are hard to find.