Indirect costs cannot be traced to the cost objects, so they are allocated

Indicate whether the statement is true or false

TRUE

Business

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Testing ad effectiveness can be done before and/or after the campaign

Indicate whether the statement is true or false a. True b. False

Business

Kate, an agent of Gator Supplies, Inc., is responsible for performance of a specified task. However, the instructions are unclear, and Kate must act in a reasonable manner considering the circumstances. This is an example of an exception to which duty owed to the principal?

A. Duty of notification. B. Duty to account. C. Fiduciary duty. D. Duty of obedience.

Business