An outside director is a director who lives outside the state of incorporation
a. True
b. False
Indicate whether the statement is true or false
False
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From an investor's perspective, a firm's preferred stock is generally considered to be less risky than its common stock but more risky than its bonds. However, from a corporate issuer's standpoint, these risk relationships are reversed: bonds are the most risky for the firm, preferred is next, and common is least risky.
Answer the following statement true (T) or false (F)
A firm may choose to use members of the distribution channel as if they were assembly stations in the factory. Such an approach is known as:
A) backward integration. B) postponement. C) channel assembly. D) deferred delay.
Match Point, Inc. has the following overhead standards:Variable overhead: 4 hours at $8 per hourFixed overhead: 4 hours at $10 per hourThe standards were based on a planned activity of 20,000 machine hours when 5,000 units were scheduled for production. Actual data follow.Variable overhead incurred: $167,750Fixed overhead incurred: $210,000Machine hours worked: 19,800Actual units produced: 5,100Match Point's variable-overhead efficiency variance is:
A. $4,800 unfavorable. B. $550 favorable. C. $550 unfavorable. D. $4,800 favorable. E. None of the answers is correct.
Before beginning the process of designing a questionnaire, the researcher must obtain initial client approval.
Answer the following statement true (T) or false (F)