All the following are negative aspects of working in groups EXCEPT
A) there can be a lack of coordination.
B) it is time-consuming.
C) participants may be afraid to contribute.
D) it is more difficult to catch errors.
D
Business
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Clemente Inc. incurs the following costs to produce 10,000 units of a subcomponent:
Direct materials $8,400 Direct labor 11,250 Variable overhead 12,600 Fixed overhead 16,200 An outside supplier has offered to sell Clemente the subcomponent for $2.85 a unit. If Clemente accepts the offer, by how much will net income increase (decrease)? a) $(8,850) b) $(2,850) c) $3,750 d) $19,950
Business
A business makes a cash payment of $12,000 to a creditor. Which of the following accounts is credited?
A) Cash B) Accounts Payable C) Bank D) Accounts Receivable
Business