The Ottoman Empire's powerful location raised the cost of Asian trade for the Europeans and resulted in a search for sea routes to Asia.
Answer the following statement true (T) or false (F)
True
The Ottoman Empire's powerful location raised the cost of Asian trade for the Europeans and resulted in a search for sea routes to Asia.
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In a company that uses process costing, the cost of goods manufactured is equal to:
a. total production costs added during the period. b. total production costs accounted for. c. the cost of goods completed in the period. d. the cost of ending work in process at the end of the period.
Which statement about communicating across cultures is correct?
A) You can convey decorum by speaking slowly and distinctly. B) You can help audiences follow your comments by minimizing your use of media. C) You can convey key points more effectively by mentioning concrete examples. D) You can use humor to defuse tense moments or encourage participation. E) You can add an air of informality by speaking in local slang.
Andrew Industries purchased $159,000 of raw materials on account during the month of March. The beginning Raw Materials Inventory balance was $20,800, and the materials used to complete jobs during the month were $135,600 of direct materials and $12,400 of indirect materials. What is the ending Raw Materials Inventory balance for March?
A. $31,800. B. $23,400. C. $44,200. D. $8400. E. $9800.
Prentice and Mercedes are partners in a catering business. The law of agency:
a. has no significance for their business. b. is important to their business because both Prentice and Mercedes are agents of the partnership and as such have the authority to represent and bind the business in all usual transactions of that partnership. c. will only affect their business if they hire employees. d. will only affect their business if they hire independent contractors.