_________refers to the costs of the production of raw and processed materials, parts, and labor that are tied to and vary depending on the number of units produced.

A company receives payment from one of its customers on August 5 for services performed on July 21. Which of the following entries would be recorded if the company uses accrual basis accounting?

A) Cash 1,000 Accounts Receivable 1,000 B) Salaries Expense 1,000 Cash 1,000 C) Cash 1,000 Service Revenue 1,000 D) Supplies 1,000 Cash 1,000

Once a brand's position is established, marketers rarely attempt to change it

Indicate whether the statement is true or false