Why is variable costing not used extensively in external reporting?


Variable costing is not used extensively outside of the firm because absorption costing is required by GAAP and the IRS.

Business

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The ________, a United States regulatory agency, regulates telephone, radio, and television

A) Consumer Product Safety Commission B) Environmental Protection Agency C) Federal Communications Commission D) Federal Trade Commission E) Interstate Commerce Commission

Business

D'Costas, an authentic Mexican restaurant, has many restaurants all over the world. The taste and authenticity of the food served is the same irrespective of the restaurant one visits. Based on this information, D'Costas follows the strategy of _____

a. retail channel omnification b. product adaptation c. mass customization d. global marketing standardization

Business

_____, which are websites that provide virtual communities in which people with shared interests can communicate, are common sources of viruses and spyware.?

A) ?Uniform resource locators B) ?Social networking sites C) ?Web browsers D) ?Proxy servers

Business

Describe the components of the inductive outline used in writing bad-news messages

Business