Crowdly

They

can be directly traced to a specific product

They

consist solely of labour costs

They

consist solely of material costs

They

cannot be directly associated with a product or service

Working

capital is the difference between … and current liabilities.

long

term liabilities

total liabilities

current

asset

Neither

of the answers are correct.

The competitors and the technological conditions are part of a company’s … environment.

internal

external

Neither

of the answers are correct.

What is the accounting equation?

Assets − Liabilities = Owners’ Equity

Assets + Liabilities = Owners’ Equity

Assets

= Owners’ Equity × Liabilities

Revenues − Expenses = Net Income

the … the total sales revenue is equal with the amount of total costs.

break-even

point

balance of payment point

Neither

is correct.

profit maximizing output level

When

setting a standard, individual responsibility is important.

what base can a standard be set?

Computer

modelling

Based

on the past (and best) of the company

All

the answers can be correct

75%

From

the market leader’s financial state

25%

Ratios

accepted by the industry