Which of the following statements is true of the outline form of informal reports?

A. It is used for the presentation of simple facts only.
B. It uses the systematic presentation of data, usually in rows and columns.
C. It requires extensive research, documentation, investigation, and analysis.
D. It uses the format of a framework to list information.


D
The outline form of information reports uses the format of a framework or outline to list
information.

Business

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Which of the following statements is true regarding variable costing?

a. Per unit contribution margin is affected by production levels in variable costing. b. In a variable costing income statement, fixed costs are separated from variable costs. c. Variable costing focuses attention on all product costs and not only relevant product costs. d. Variable costing is also known as full costing.

Business

Sparky Corporation uses the weighted-average method of process costing. The following information is available for February in its Molding Department: Units:Beginning Inventory: 25,000 units, 100% complete as to materials and 55% complete as to conversion.Units started and completed: 110,000.Units completed and transferred out: 135,000.Ending Inventory: 30,000 units, 100% complete as to materials and 30% complete as to conversion. Costs:Costs in beginning Work in Process - Direct Materials: $43,000.Costs in beginning Work in Process - Conversion: $48,850.Costs incurred in February - Direct Materials: $287,000.Costs incurred in February - Conversion: $599,150. Calculate the equivalent units of materials.

A. 130,250 B. 144,000 C. 140,000 D. 110,000 E. 165,000

Business

Shanzai is:

a. The name of a Chinese MNC b. The name for intellectual property theft based on unlicensed copying c. A famous Chinese pirate d. All of the above

Business

The degree of formality required in a company dress code is usually contingent upon the frequency of face-to-face interaction between employees and customers.

Answer the following statement true (T) or false (F)

Business