Which of the following statements is FALSE? A debenture
A) is a corporate bond
B) provides security over a corporation's personal property
C) provides security over a corporation's real property
D) is a form of equity financing
E) has a floating charge that can attach to assets if the corporation defaults on its payments
D
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The following set of items describes activities completed by a company in collecting cash for merchandise sales. For each activity, identify whether or not the activity adheres to or violates sound internal control procedures. Cash register tapes are picked up daily by an employee from the accounting department
a. Adheres to sound internal control procedures b. Violates sound internal control procedures c. Neither strengthens nor violates internal control
When developing a communication for those who may not be comfortable with your language, what could make the communication easier to understand for the receiver?
A) Industry jargon B) Words with several meanings C) Long paragraphs D) Limited transitions E) Short, plain words
Blade Breeze Company manufactures ceiling fans and uses an activity-based costing system. Each ceiling fan has 20 separate parts. The direct materials cost is $75, and each ceiling fan requires 3.00 hours of machine time to manufacture. Additional information is as follows:
What is the cost of machining per ceiling fan? (Round any intermediate calculations and your final answer to the nearest cent.)
A) $19.80
B) $75.00
C) $132.00
D) $270.00
Explain how a market follower can gain advantage from a market leader
What will be an ideal response?