A company may use absorption costing for external reporting and still choose to use throughput costing for internal reports

Indicate whether this statement is true or false.

Answer: TRUE

Business

You might also like to view...

A firm that has a large percentage of ________ investors may pay out a lower percentage of its earnings as dividends

A) wealthy B) domestic C) middle-income D) international

Business

The FICA tax is typically deducted from your salary at a rate of ________until your salary reaches a point where it is no longer taxed at the rate of ________ for Social Security

A) 6.20 percent; 1.45 percent B) 7.65 percent; 6.20 percent C) 15.3 percent; 7.65 percent D) 20 percent; 10 percent

Business