Which of the following accounts usually has a debit balance?
A) Purchase Discounts
B) Sales tax Payable
C) Allowance for Doubtful Accounts
D) Freight-In
D
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Which of the following is true of the parol evidence rule?
A. If the writing in a contract is clearly incomplete, a party can introduce proof of consistent oral terms that "fill the gaps" in the writing. B. Proof of contradicting oral agreements that were made after the writing was created is illegal and not enforceable. C. Oral testimony that attempts to show that a contract is illegal is not allowed. D. If the written terms of a contract are unclear, the party can use this exception to alter the concerned part of the contract.
The direct labor time variance measures the efficiency of the direct labor force
Indicate whether the statement is true or false
Which of the following is a data analysis and solution development tool from the operations consulting tool kit?
A. Employee surveys B. Balanced scorecard C. Responsibility charts D. Gap analysis E. Bottleneck analysis
An investigation of available resources is undertaken during the
A) planning phase. B) design phase. C) conceptualization phase. D) implementation phase.