Financial accounting prepares reports for internal purposes, whereas managerial accounting provides information to external stakeholders
Indicate whether the statement is true or false
FALSE
Business
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Consider the following constraints from a linear programming problem:
2X + Y ? 200 X + 2Y ? 200 X, Y ? 0 If these are the only constraints, which of the following points (X,Y) cannot be the optimal solution? A) (0, 0) B) (0, 200) C) (0,100) D) (100, 0) E) (66.67, 66.67)
Business
The interest rate borrowers pay on their mortgages is determined by
A) current long-term market rates. B) the term. C) the number of discount points. D) all of the above.
Business