A company should use process costing, rather than job costing, if:
A. production is only partially completed during the accounting period.
B. the product is manufactured in batches only as orders are received.
C. the product goes through several steps of production.
D. the product is composed of mass-produced homogeneous units.
Answer: D
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Which of the following statements is true about the differences between training and development?
A. Employee participation in training is voluntary but not with development. B. Training is future-oriented, while development focuses more on present issues. C. Training focuses on preparing employees for current jobs, but development prepares them for other positions. D. Use of work experiences is greater in training than it is in development.
__________ is the voluntary give-and-take parties engage in when coming to terms with each other
a. Litigation b. Arbitration c. Mediation d. Negotiation
Signature cards, deposit tickets, checks, and bank statements are all examples of internal control devices for banking activities.
Answer the following statement true (T) or false (F)
To win a case involving predatory pricing claims, a plaintiff must prove:
a. the defendant would keep its monopoly position long enough to recoup the losses it suffers during a price war b. the defendant's actions created a genuine prospect that it would monopolize the market c. the defendant prices its goods above the price of its competitor's goods d. the defendant would keep its monopoly position long enough to recoup the losses it suffers during a price war and the defendant's actions created a genuine prospect that it would monopolize the market e. the defendant would keep its monopoly position long enough to recoup the losses it suffers during a price war and the defendant's actions created a genuine prospect that it would monopolize the market and thedefendant prices its goods above the price of its competitor's goods