College Accounting, Chapters 1-27
College Accounting, Chapters 1-27
23rd Edition
ISBN: 9781337794756
Author: HEINTZ, James A.
Publisher: Cengage Learning,
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Chapter 25, Problem 5TF

Departmental direct operating margin is the difference between a department’s gross profit and its direct operating expenses.

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Departmental direct operating margin less departmental indirect expenses equals a.direct operating expenses. b.total operating income. c.departmental operating income. d.departmental income.
The difference between a department is gross profit and it's expenses is ____ .
When an organization allocated indirect costs to departments by relative size of the budgets, it is based on the criterion of benefits received. (T/F)

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College Accounting, Chapters 1-27

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