Regardless of the cost accounting system used, when the products are completed, they are transferred from work in process inventory to finished goods inventory

When Galaxy Ventures, a real estate company, entered the low cost housing business, the market was already saturated with other players

Thus, the company was forced to exit the market due to lack of customer loyalty and substantial dividends. Which of the following is a term used to described the situation faced by the company? A. First-mover disadvantages B. Last-mover disadvantages C. Last-in first-out disadvantages D. Comparative disadvantages E. Absolute disadvantages

DMTF stands for ________

A) Divisible Markup Task Force B) Durable Management Task Force C) Distributed Management Task Force D) Descriptive Manager Tasking Force