The process of disintermediation in the global distribution system has been declining at a steady rate
Indicate whether the statement is true or false
FALSE
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Trull Company uses a standard cost system. Variable overhead costs are allocated based on direct labor hours. In the first quarter, Trull had a favorable cost variance for variable overhead costs. Which of the following scenarios is a reasonable explanation for this variance?
A) The actual number of direct labor hours was lower than the budgeted hours. B) The actual variable overhead costs were higher than the budgeted costs. C) The actual variable overhead costs were lower than the budgeted costs. D) The actual number of direct labor hours was higher than the budgeted hours.
Answer the following statements true (T) or false (F)
1) When evaluating a potential investment, managers should use only one measure for making a sound investment decision. 2) Many service, merchandising, and manufacturing firms use discounted cash flow methods to make capital investment decisions. 3) An operational asset used for a long period of time is known as a capital asset. 4) The acquisition or construction of a capital asset is known as a capital investment.
Asset turnover measures the effective use of assets relative to revenue production
Indicate whether the statement is true or false
Which of the following is NOT true of relationship selling?
A. It emphasizes makinga one-time sale. B. It focuses onbuilding mutual trust between the buyer and seller. C. Its end result is loyal customers. D. Its strategy is often less expensive than continuously marketing products.