A drawback of standard costing is that standard costs often fluctuate erratically.

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


False

This is not a drawback; one of the advantages of standard costing is that the use of standard costs in product costing results in more stable product costs.

Business

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Enzyme inhibition is the process that turns off an enzyme in a metabolic pathway. One way this can happen is for the end product of the pathway to act as an inhibitor.

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

Business

Living material can be patented under U.S. patent law

Indicate whether the statement is true or false

Business

________ is the reverse of evaluation deficiency. It occurs when activities that are not part of the job are included in the evaluation.

A. Distortion B. Expansion C. Contamination D. Deficiency

Business

An organizational unit of a business that incurs costs and generates revenues is known as a(n):

A. Sales center. B. Cost center. C. Profit center. D. Investment center.

Business