The separate corporation created abroad and controlled by a company is:
a. a branch.
b. a joint venture.
c. a division.
d. a subsidiary.
d
You might also like to view...
What are the phases involved in the development of a new product?
What will be an ideal response?
The triple bottom line concept refers to three P’s. Which of the following is not one of the P’s?
a. People b. Profit c. Planet d. Product
The federal courts do not have exclusive jurisdiction over:
A) federal criminal prosecutions. B) trademark and copyright cases. C) issues involving state constitutions. D) bankruptcy cases.
Camps Inc. has a standard cost system. The standards for direct materials for one of its products specify 4.4 ounces of a particular input per unit of output at a standard cost of $6.40 per ounce. The company has reported the following actual results for the product for May:?Actual output2,900units?Raw materials purchased14,600ounces?Actual cost of raw materials purchased$86,140??Raw materials used in production12,770ouncesRequired:a. Compute the materials price variance for this input for May.b. Compute the materials quantity variance for this input for May.
What will be an ideal response?