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MCQ | Companies Often Fail To Integrate Their Various Messages To Consumers Because The correct answer is (C)   " Communications  often come from different parts of the company" ,  as it may be possible that there is a communications gap (i.e., one-way communications or late communication, etc.) within the different departments of companies to convey the messages to consumers about new updates of the company’s products or services. Such Horizontal Communication are much needed in order to communicate important messages to consumers at the right time so that they are connected with the company in knowing the real information about company's products or services. To address this issue, the coordination between departments is necessary in order to convey the same messages spreading between two different departments of company to consumers. Instead of grouping in the departments about strategy and goals, the departments should focus on the main strategy and goals to conv...

MCQ | All Of The Following Are Reasons That Companies Prefer Normal Costing Except: The correct answer is (b) "Normal costing tracks actual direct materials, actual direct labor costs, and actual manufacturing overhead costs", as both normal costing and actual costing tracks actual direct material, actual direct labor and actual manufacturing overhead costs. That is why companies prefer to use normal costing over actual costing except to this reason (b).

Multiple Choice Question | Which Of The Following Is One Of The Five Major Characteristics Of Good Mission Statements? The correct answer is (C) " They define the major competitive spheres within which the company will operate ", as the Mission Statement specifies the purpose for which the company came into existence. It defines what to do and how to operate to achieve goals? This is the main characteristic of mission statement for a company.

Multiple Choice Question | What Is The Normal Journal Entry When Writing-Off An Account As Uncollectible Under The Allowance Method? The correct answer of this multiple choice question (MCQ) is (b) "Debit Allowance for Doubtful Accounts, credit Accounts Receivable", as to write off uncollectible accounts ( Accounts Receivable ), we credit it, which has normal debit balance, and debit Allowance For Doubtful Accounts , which has normal credit balance.

Multiple Choice Question | What Is The Normal Journal Entry For Recording Bad Debt Expense Under The Allowance Method? The correct answer is (c) "Debit Bad Debt Expense, credit Allowance for Doubtful Accounts", as when we record the journal entry for Allowance For Doubtful Accounts , which is a Contra Asset Account , we debit our estimated expense account i.e., doubt debts account or uncollectible accounts expense account or bad debt expense account and credit allowance for doubtful account or provision for doubtful accounts as a contra asset account against Accounts Receivable Account under the Allowance Method .aricle