Irregular transactions such as discontinued operations and extraordinary items should be reported separately in

a. both a single-step and multiple-step income statement.
b. a single-step income statement only.
c. a multiple-step income statement only.
d. neither a single-step nor a multiple-step income statement.

Ans: a. both a single-step and multiple-step income statement.

Business

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Which of the following statements is true?

a. The overhead budget is typically composed of variable overhead and fixed overhead b. The direct labor budget uses an average wage rate for direct labor c. The production budget is not converted into dollars d. The sales budget includes both units and dollars e. All of these

Business

Appropriate balance between internal/external strategies/roles depends on how much team needs ____________, _________, and ___________ from outside

Fill in the blank(s) with the appropriate word(s).

Business