The idle time associated with direct labor and indirect labor is a subclassification of indirect labor

Indicate whether the statement is true or false

TRUE

Business

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When properly created, a strategic business unit (SBU):

a. has a specific target market. b. plans collaboratively with other SBUs of the company. c. has a maximum of hundred employees. d. shares the mission of its parent company.

Business

Under the two-cycle average daily balance method for computing interest,

A) there is a two-month grace period before any interest is owed on the unpaid balance. B) you will always pay more interest than under the one-cycle daily balance method. C) consumers who have a permanent unpaid balance will pay more interest than under the one-cycle daily balance method. D) a grace period applied in a previous month is eliminated if you fail to completely pay off the balance in the present month.

Business