Which of the following statements is false? (a) financial accounting provides external reports(b) financial accounting investors make decisions(c) financial accounting provides sufficient information for managers to effectively plan and control operations(d) financial accounting reports creditors make decisions

Bridge building company estimates that it will incur $1,200,000 in overhead costs for the year. additionally, the company estimates 50,000 direct labor hours will be spent building custom walking bridges for the year at a total direct labor cost of $600,000. what is the predetermined overhead rate for bridge building company if direct labor costs are to be used as an allocation base?

China white was the black market selling of ivory, in which the profit was redistributed back into the trafficking of heroin.

Match each economic concept with the scenarios that illustrates it