Accrual accounting is an application of the matching rule

Indicate whether the statement is true or false

True

Business

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Harland & Wolff in Belfast, North Ireland, makes ocean-going vessels. Last year its primary customer was the U.S. government. You would expect Harland & Wolff to rely on which of the following to promote its vessels?

a. product innovations and direct marketing b. personal selling c. publicity d. advertising and sales promotion

Business

In the EOQ model, the total cost is minimized at the point where the order costs and carrying costs are equal

Indicate whether the statement is true or false

Business