A cost is classified as an overhead cost if it is not directly traceable to an end product or a cost object
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Global competition intensifies the need for effective MIS and business intelligence that are accessible throughout the company. How can IT provide valuable tools in fulfilling this need as well as conducting global marketing research?
What will be an ideal response?
Budgets assign resources and the responsibility to use them wisely to managers who are held accountable for their results
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Match each term with the correct statement below.
a. cash reserve b. authorized stock c. dividends d. float e. trade agreement f. floor planning g. leverage h. venture capital 1. An agreement that is sometimes used in the automobile industry by which the borrower assigns the title to the inventory to the bank as collateral for a short-term loan 2. Use of long-term debt to raise needed cash 3. Funds that are provided to new, small, or struggling firms in return for partial ownership in the business 4. All the shares of stock that can be sold at any time 5. Distributed earnings 6. Money that has not yet been withdrawn from the company’s checking account even though the checks have been written
Maxwell is sending an e-mail message to the Securities and Exchange Commission to ask about a specific Sarbanes-Oxley regulation. This is an example of internal communication
Indicate whether the statement is true or false