Why do many managers desire to use a predetermined overhead rate instead of an actual overhead rate?
A) Because it is impossible to ever know actual overhead costs.
B) Because predetermined overhead rates are more accurate than actual overhead rates.
C) Because actual overhead amounts are often not known in a timely enough manner to make decisions.
D) Because the use of predetermined overhead rates will always result in lower product prices.
C
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If the Advertising Self-Regulatory Council rules that a firm's advertisements are not substantiated, then it orders the firm to discontinue the ads. This is very similar to the cease and desist order of the Federal Trade Commission
Indicate whether the statement is true or false
The following are external stakeholders, except:
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During the dissatisfaction stage, the group needs to work on resolving two issues before they can move on to the next stage of development. What are the two issues that need to be resolved?
a. structure and process b. structure and performance c. strategy and process d. strategy and performance
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What will be an ideal response?