Departmental information is usually distributed to the public as part of the company's annual report and footnotes.
Answer the following statement true (T) or false (F)
False
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The Leontief paradox questioned the validity of the theory of
a. comparative advantage. b. factor endowments. c. overlapping demands. d. absolute advantage.
MTV focuses on young people, and Rolex watches have a market niche of upper-income people. Both are examples of what type of strategy?
a. cost leadership b. focus c. analyzing d. differentiation
A company has two different products that sell to separate markets
Financial data are as follows: Product A Product B Total Revenue $15,000 $9,000 $24,000 Variable costs (8,000 ) (9,200 ) (17,200 ) Fixed costs (allocated) (2,000 ) (1,000 ) (3,000 ) Operating income (loss) $5,000 $(1,200 ) $3,800 Assume that fixed costs are all unavoidable and that dropping one product would not impact sales of the other. Because the contribution margin of Product B is negative, it should be dropped. Indicate whether the statement is true or false
What occurs when a system produces incorrect, inconsistent, or duplicate data?
A. Data governance B. Information integrity issues C. Master data management D. Information inconsistency