Accountants prefer the variable costing method over absorption costing method for evaluating the performance of a company because select one: a. by using the absorption costing method, income could appear to be higher by producing more inventory. b. by using the absorption costing method, income could appear to be lower by producing more inventory. c. by using the variable costing method, the cost of goods sold will be higher as more units are manufactured and sales remain the same. d. by using the variable costing method, all fixed and variable costs are included in the unit cost of the product manufactured.

Which of the following best explains why large companies have an advantage over smaller companies? a. economies of scale make it possible to offer lower prices. b. the production possibilities frontier is wider for a larger company. c. decreasing marginal utility enables more efficient production. d. increasing the scale of production leads to a reduction in inputs.2b2t

True or false: banks are required to make electronically deposited funds available on the same day of the deposit

If the ceo of a large, diversified, firm were filling out a fitness report on a division manager (i.e., "grading" the manager), which of the following situations would be likely to cause the manager to receive a better grade? in all cases, assume that other things are held constant.a. the division's basic earning power ratio is above the average of other firms in its industry.b. the division's total assets turnover ratio is below the average for other firms in its industry.c. the division's debt ratio is above the average for other firms in the industry.d. the division's inventory turnover is 6, whereas the average for its competitors is 8.e. the division's dso (days' sales outstanding) is 40, whereas the average for its competitors is 30.