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An important factor considered by sales forecasters is_____.A. production employee requirements. B.expectations of the board of directors.C. competitors activities. D. the desiredlevel of sales.

____ are components of a master budget.A. A strategic plan and an operating budgetB. An operating budget and a capital budgetC. A continuous budget and a […]

The _____ is (are) largely responsible for developing generallyaccepted accounting principles in the United States.a.FASBb.IASCc.SECd.FASB and IASC

_____ is reported on the financial statements of publicly heldcompanies in theUnited States.a. The current ratiob. Earnings per sharec. The price-earnings ratiod. All of these answers […]

Costs that change abruptly at intervals of activity because theresources and their costs come in indivisible chunks are called_____.a.mixed costsb.variable costs

Cash collected from the customers before goods are delivered isknown as_____.a. unearned revenueb. deferred revenuec. advances from customersd. all of these answers are correct

Identify which one of the following statements is false.a. Owners equity solely represents theprofits made by an organization in the current period.b. Assets are economic resources […]

As you have discovered there are a variety of computersavailable from the smallest computer in a domestic device to thesupercomputers used in industry. Despite the different […]

_____ arise as a result of strategic decisions about the scaleand scope of an organizations activities.a. Capacity costsb. Discretionary costsc. Mixed costsd. Engineered costs