The amount of equivalent production units for direct materials is always the same as that for conversion costs
Indicate whether the statement is true or false
F
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________ refers to training and motivating employees to serve customers well
A) External marketing B) Promotional marketing C) Direct marketing D) Internal marketing E) Interactive marketing
________ refers to the decision-making process by which formal organizations establish the need for purchased products and services and identify, evaluate, and choose among alternative brands and suppliers
A) Marketing channels B) Organizational buying C) Corporate retailing D) Brand auditing E) Inventory control
Which of the following statements is False
a. Intellectual capital consists of intangible assets such as knowledge, skills and information. b. The chief financial officer of an organization is considered to be a member of staff personnel. c. Responsibility is the obligation of an individual to accomplish a task or to achieve an objective. d. Authority refers to the right of an individual to use resources to accomplish a task to achieve an objective.
Direct materials needed for production is calculated by:
A) multiplying units to be produced by direct materials per unit. B) subtracting units to be produced from direct materials per unit. C) dividing units to be produced by direct materials per unit. D) adding units to be produced to direct materials per unit. E) subtracting direct materials per unit from units to be produced.