Which of the following statements is false?
a. A primary purpose of cost accounting is to determine valuations needed for external financial statements.
b. A primary purpose of management accounting is to provide information to managers for use in planning, controlling, and decision making.
c. The act of converting production inputs into finished products or services necessitates cost accounting.
d. Two primary hallmarks of cost and management accounting are standardization of procedures and use of generally accepted accounting principles.
D
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Legal capital of a corporation is the maximum amount that can be reported as contributed capital
Indicate whether the statement is true or false
Which of the following powers is not reserved solely to the national government?
A) power to regulate interstate commerce B) power to tax C) power to coin money D) power to borrow money on the credit of the United States
An automatic breach of antitrust laws is called a
A. refusal to deal. B. per se violation. C. conscious parallel. D. rule of reason violation.
____________________ refers to new objects being created faster and more easily by entering new data in attributes
Fill in the blank(s) with correct word