In most bailments, the bailee can retain the goods given by the bailor and return equivalent property
Indicate whether the statement is true or false
F
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Which of the following GLOBE cultural dimensions is defined as--the degree to which members of a collective expect power to be distributed equally?
A. power distance B. uncertainty avoidance C. humane orientation D. institutional collectivism
Fletcher Company collected the following data regarding production of one of its products. Compute the direct labor rate variance. Direct labor standard (2 hrs. @ $12.75/hr.)$25.50 per finished unitActual direct labor hours 81,500 hrs.Actual finished units produced 40,000 unitsActual cost of direct labor$1,100,250
A. $19,125 unfavorable. B. $61,125 unfavorable. C. $61,125 favorable. D. $80,250 unfavorable. E. $80,250 favorable.
Mark is the treasurer of Sky-Hi-Tech Corporation and, as such, he is responsible for protecting
he assets of the corporation. One of Mark's subordinates, Jill, is in charge of reconciling the monthly corporate bank statements. Over a period of several months, Jill embezzles a large amount of money from Sky-Hi-Tech, covering up the theft using her bank reconciliations. If Mark had adequately supervised Jill, she could not have embezzled this money. Mark's actions (or inactions) constitute a breach of his duty of: A) Loyalty. B) Obedience. C) Ultra vires. D) Due care. E) This is not a violation of any duty due to the business judgment rule.
Inputs using an Excel spreadsheet are almost identical to those on a financial calculator,
except the interest rate is entered either as a decimal (.05 ) or a whole number followed by a % sign (5%) rather than simply a whole number (5 ) as you would enter using a financial calculator.