The ________ explains why an organization exists

Fill in the blank with the appropriate word.


Answer: mission statement

Business

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Sivret Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data:Total machine-hours80,000Total fixed manufacturing overhead cost$624,000Variable manufacturing overhead per machine-hour$3.10Recently, Job M598 was completed with the following characteristics:Number of units in the job60Total machine-hours300Direct materials$645Direct labor cost$9,000The amount of overhead applied to Job M598 is closest to: (Round your intermediate calculations to 2 decimal places.)

A. $930 B. $2,340 C. $3,270 D. $4,200

Business

When is a liability for cash dividends created?

A) At the end of each fiscal year. B) At the date of declaration. C) At the date of record. D) At the date of payment.

Business

Antitakeover statutes are model acts and do not become laws until a state legislature adopts them

Indicate whether the statement is true or false

Business

To emphasize the "you" view in e-mail messages, you must avoid any phrases that include the "I/we" view such as I'm happy or We're delighted

Indicate whether the statement is true or false

Business