An agreement to pay reasonable additional compensation to a contractor for the performance of a pre-existing contract when the contractor faces extraordinary circumstances caused by unforeseen difficulties is called a:
A) good-faith adjustment
B) bribe.
C) compensatory allowance.
D) relief payment.
A
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If an auditor discovers evidence of fraud, the planned audit procedures should be adjusted accordingly
a. True b. False Indicate whether the statement is true or false
What is the correct formula for B10?
a) =YIELD(B2,B3,B4,B9/10,100,B7,B8)
b) =RATE(YEARFRAC(B2,B3,B8)*B7,B4*B6/B7,-B9,B6)*B7
c) =YIELD(B2,B3,B4,B9/B6*100,B6/B6*100,B7,B8)
d) All of the above
e) None of the above
Jerome wears a t-shirt that bears a picture of the current U.S. president. Under this picture, there are words which imply that the President is doing a bad job of running the country. In accordance with the Freedom of Speech Clause, which of the following is an accurate statement?
A. Criticizing the current president is fully protected speech and Jerome cannot be prosecuted. B. Jerome could be arrested as his t-shirt violates the Freedom of Speech doctrine. C. Jerome wearing the t-shirt is an example of limited protected speech. D. Wearing the t-shirt makes Jerome liable for prosecution on the basis of defamation.
Shoun Mechanical Corporation has developed a new industrial grinder-model QJ-47-that has been designed to outperform a competitor's best-selling industrial grinder. Model QJ-47 has a useful life of 120,000 hours of service and its operating cost is $0.60 per hour. In contrast, the competitor's product has a useful life of 30,000 hours of service and has operating costs that average $0.90 per hour. The competitor's industrial grinder sells for $129,000. Shoun has not yet established a selling price for model QJ-47.From a value-based pricing standpoint, what range of possible prices should Shoun consider when setting a price for QJ-47?
A. $201,000 ? Value-based price ? $423,000 B. $423,000 ? Value-based price ? $552,000 C. $129,000 ? Value-based price ? $201,000 D. $129,000 ? Value-based price ? $552,000