A(n) ________ is the set of attributes-positive or negative-that people associate with a company

Peterson Enterprises manufactures picture frames

Its production operations are divided into two departments - Assembly and Finishing. The company uses a process costing system. Peterson incurred the following costs during the year to produce 6,000 picture frames: Assembly $9,700 Finishing $2,250 If Peterson can only sell 5,100 picture frames during the year, what will be the cost per unit of the picture frames produced? (Round your answer to the nearest cent.) A) $2.34 B) $1.99 C) $1.62 D) $1.90

The direct write-off method is not acceptable in accounting unless uncollectible accounts are insignificant.

a. true b. false