Which of the following is true of U.S. immigration law?
A) An H1-B visa is granted only to foreign nationals skilled in specialty occupations.
B) Individual applicants, and not employers, apply for H1-B visas.
C) H1-B visa holders cannot bring their family as dependents to the U.S.
D) H4 visa holders are allowed to work for minimum wages or more in the U.S.
A
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Expenses that are not easily traced to a specific department, and which are incurred for the joint benefit of more than one department, are:
A. Direct expenses. B. Variable expenses. C. Uncontrollable expenses. D. Indirect expenses. E. Fixed expenses.
Both primary and secondary data may be used to solve a research problem, but primary data are more important than secondary data
Indicate whether the statement is true or false
A flat tax is an example of a graduated tax system.
Answer the following statement true (T) or false (F)
Verrett Corporation is a manufacturer that uses job-order costing. The company has supplied the following data for the just completed year: Raw materials purchased on account$475,000Raw materials (all direct) requisitioned for use in production$476,000Direct labor cost$640,000Manufacturing overhead: Indirect labor cost$174,000Other manufacturing overhead costs incurred$498,000Cost of goods manufactured$1,469,000Cost of goods sold (unadjusted)$1,430,000 The journal entry to record the unadjusted Cost of Goods Sold is:
A.
| Cost of Goods Sold | 1,469,000 | |
| Finished Goods | 1,469,000 |
B.
| Finished Goods | 1,469,000 | |
| Cost of Goods Sold | 1,469,000 |
C.
| Cost of Goods Sold | 1,430,000 | |
| Finished Goods | 1,430,000 |
D.
| Finished Goods | 1,430,000 | |
| Cost of Goods Sold | 1,430,000 |