Variable costing is more compatible with cost-volume-profit analysis than is absorption costing.

Answer the following statement true (T) or false (F)


True

Business

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Earnings per share is a measure of

a. cash income earned by the common shareholder. b. profitability. c. the financial viability of a firm. d. the amount of dividends that will be paid by the firm. e. how much an investor would be willing to pay for a share of common stock.

Business

Because federal law preempts the area, states have not enacted legislation regarding drug testing of private employees

a. True b. False Indicate whether the statement is true or false

Business

A person who purports to act as agent for a principal whom both the agent and the third party know to be wholly incompetent is personally liable on a contract entered into with a third person on behalf of such a principal

Indicate whether the statement is true or false

Business

An injunction is a court order directing a person to do what they promised to do

a. True b. False Indicate whether the statement is true or false

Business