Customer perceptions are the opinions created about service during and after a transaction.
Answer the following statement true (T) or false (F)
True
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Which of the following will be listed in the operating section of the statement of cash flows that is prepared using the indirect method?
A) collections from customers B) payments to suppliers C) interest received D) increases/decreases in current liabilities
Which of the following equations is correct?
A) Total Manufacturing Costs = Direct Materials + Direct Labor + Selling Costs B) Total Manufacturing Costs = Direct Materials + Direct Labor + Overhead C) Total Manufacturing Costs = Direct Labor + Overhead + Selling Costs + Administrative Costs D) Total Manufacturing Costs = Product Costs + Period Costs
The most likely situation in which reported earnings are positive but operations are consuming rather than generating cash would be a
a. rapidly growing company. b. company reporting large noncash expenses. c. company using very conservative accounting standards that lower earnings. d. company paying large cash dividends to its shareholders.
Which of the following statements is True
a. A mixed cost can be separated into fixed and variable components using the Hi Lo method b. As production increases, the fixed cost per unit will decrease. c. Depreciation computed under the straight line method is a fixed cost. d. All of the above statements are true.