An interview report should include a statement about when, where, and how the interview was conducted; but, no comments about the experience

Indicate whether the statement is true or false


FALSE

Business

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Which of the following is not one of the reasons that control is needed in an organization?

A. To adapt to change and uncertainty. B. To eliminate the need for teamwork. C. To detect opportunities. D. To deal with complexity. E. To decentralize decision making.

Business

Ferrar Corporation has two major business segments: Consumer and Commercial. Data for the segments and for the company for March appear below:   Sales revenues, Consumer$680,000 Sales revenues, Commercial$280,000 Variable expenses, Consumer$394,000 Variable expenses, Commercial$143,000 Traceable fixed expenses, Consumer$102,000 Traceable fixed expenses, Commercial$45,000  In addition, common fixed expenses totaled $210,000 and were allocated as follows: $122,000 to the Consumer business segment and $88,000 to the Commercial business segment. A properly constructed segmented income statement in a contribution format would show that the segment margin of the Consumer business segment is:

A. $62,000 B. $164,000 C. $394,000 D. $184,000

Business

The grace period refers to the period of time in which an insurance company may investigate a death before paying the face

Indicate whether the statement is true or false

Business

What is a useful tool that is used to update inventory in the perpetual system?

A) A cash register B) A bar code scanner C) The price tag on the merchandise D) The UPC number

Business