A company producing custom-designed products for its customers can be more conservative in its pricing strategy than a company producing standardized items
Indicate whether the statement is true or false
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An auditor would issue an adverse opinion if:
A. a qualified opinion cannot be given because the auditor is not qualified to do so. B. an immaterial misstatement is present. C. the statements taken as a whole do not fairly present the financial condition and results of operations of the company. D. the auditor encounters adverse attitudes toward the auditor on the part of company management.
The standard costs and actual costs for factory overhead for the manufacture of 2,500 units of actual production are as follows:
Standard Costs: Fixed overhead (bases on 10,000 hrs) 3 hrs. per unit @ $0.80 per hr. Variable overhead 3 hrs. per unit @ $2.00 per hr. Actual Costs: Total variable cost $18,000 Total fixed cost $ 8,000 The fixed factory overhead volume variance is: A. $2,000 unfavorable B. $5,000 unfavorable C. $2,500 unfavorable D. $5,000 favorable
Special displays or other in-store promotions are effective for marketing ________ involvement products.
Fill in the blank(s) with the appropriate word(s).
Which statement is accurate regarding speaking rate?
a. It is best to try to keep the rate of your speech consistent when delivering a speech. b. Speaking slowly will give your audience the impression of thoughtfulness. c. Changing your rate may bore your audience. d. The average rate of speech is more than 100 words per minute.