In a(n) ________ the unit manager has responsibility and authority for controlling the costs incurred
a. divisional accounting
b. responsibility accounting
c. cost center
d. activity base
c
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Secondary data consist of information collected for the specific purpose at hand
Indicate whether the statement is true or false
The materials usage variance is calculated by the equation
A) (Standard Price x Actual Quantity) - (Standard Price x Standard Quantity). B) (Standard Price x Standard Quality) - (Standard Price x Actual Quantity). C) (Actual Price x Actual Quantity) - (Standard Price x Actual Quantity). D) (Actual Price x Standard Quantity) - (Actual Quantity x Standard Price). E) None of these.
Which of the following punctuation marks is used to end sentences?
A. Comma B. Exclamation point C. Semicolon D. Colon
The relevant factors in computing depreciation do not include:
A. Depreciation method. B. Useful life. C. Salvage value. D. Cost. E. Market value.