A company's strategy has a chance of succeeding only when it is predicated on:
O actions, business approaches, and competitive moves aimed at appealing to buyers and setting the company apart from rivals.
O management's concepts of "where we have been," "where we are headed," and "where we need to go."
O the approval of a business model by a company's board of directors that spells out how to outcompete its rivals and make the company profitable.
O educated choices that management has made regarding which financial and operating plans to pursue.
O building revenues, controlling costs, and generating an attractive profit.

Xyz corporation has provided the following data concerning manufacturing overhead for july: actual manufacturing overhead incurred $ 69,000 manufacturing overhead applied to work in process $ 79,000 the company's cost of goods sold was $243,000 prior to closing out its manufacturing overhead account. the company closes out its manufacturing overhead account to cost of goods sold. which of the following statements is true? multiple choice manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000