Sequential processing happens when:
a. the product has to be processed at the same time across departments.
b. several products have to be manufactured in the same plant.
c. the product has to go through one process before moving on to the next one.
d. the product has to be processed in more than one department at a time.
e. None of the answers are correct.
c
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A major disadvantage of the scattergraph method of analyzing cost behavior is:
a. It bases its solution on only two observations. b. It results in its analyzed cost being treated as either fixed or variable, based on which type of behavior it more closely resembles. c. Two persons could draw different lines through the data points. d. It enables non-representative points, called outliers, to be identified.
The ______ structure of integrating international activity expands domestic functional units into its foreign counterparts based on geography.
Fill in the blank(s) with the appropriate word(s).
Identify which of the following statements is false.
A) A corresponding item includes the income, gain, deduction, or loss amount reported by the buyer from an intercompany transaction, or from property acquired in an intercompany transaction. B) Affiliated groups of corporations filing a consolidated tax return are not eligible for the small corporation exemption from the corporate alternative minimum tax. C) An intercompany transaction generally results in the selling member and buying member in a property transaction being treated as divisions of a single corporation. D) Intercompany dividends and undistributed subsidiary earnings do not create temporary differences for affiliated companies filing a consolidated return.
As a rule, upside/downside ratios of 5 to 1 or higher are unreasonable, indicating your judgment is flawed.
Answer the following statement true (T) or false (F)