Net value of property and equipment is calculated as:
A) total property and equipment minus long-term debt minus depreciation and amortization.
B) total property and equipment minus selling, general and administrative expenses minus depreciation and amortization.
C) total property and equipment minus depreciation and amortization.
D) None of the above.
C
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Which of the following is the correct formula for measuring a cost variance?
A) Cost Variance = (Actual Cost + Standard Cost) / Actual Quantity B) Cost Variance = (Actual Cost - Standard Cost) x Actual Quantity C) Cost Variance = (Actual Cost + Standard Cost) + Actual Quantity D) Cost Variance = (Actual Cost - Standard Cost) - Actual Quantity
The percentage of the total variance attributed to each factor analysis model is called the percentage of variance
Indicate whether the statement is true or false