Which of the following describes the cost of goods manufactured?

A) the cost of the goods that were sold during the period
B) the total cost of all goods that were completed, or partially completed during the period
C) the cost of those goods that were completed during the period
D) the total costs in inventory at the end of the period

C

Business

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Which of the following is an incorrect statement regarding a joint stock company?

A) Members of a joint stock company own shares that are transferable. B) The joint stock company is treated as a partnership. C) In a joint stock company, all goods are held in the name of the partners. D) A joint stock company is an S corporation.

Business

A finance manager observes that the return-on-investment (ROI) for his organization is only 10 percent compared to the industry average of 20 percent. The manager informs top managers about her observation

According to this information, this organization is in which stage of the action research process? A) diagnosing the organization B) determining the desired future action C) eliminating obstacles to change D) selecting a strategy for change

Business