Conditions in contracts:
A. should always occur concurrently.
B. can be created only by using special words.
C. can be impliedly created.
D. should not be created orally.
Answer: C
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All of the following statements regarding manufacturing costs are true except:
A. Direct material costs are traceable to products. B. When overhead costs don't vary with production, they are called fixed overhead. C. When overhead costs vary with production, they are called variable overhead. D. The reporting of fixed and variable costs separately is not helpful to managers in analyzing cost behavior. E. Overhead can be both variable and fixed.
Corporations have a distinct advantage over other forms of business organization in the area of taxation
a. True b. False Indicate whether the statement is true or false
In RS-232-C, the DCE transmits data to the DTE on the
a. TD pin b. RD pin c. DTR pin d. DSR pin
The party who is sued in a law suit is the:
a. state b. bailiff c. plaintiff d. judge e. none of the other choices are correct