Statements of general opinion – puffery – are not actionable under the Lanham Act
Indicate whether the statement is true or false
TRUE
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It will take additional work and time if a journal contains a special column for cash debits and one for cash credits
a. True b. False Indicate whether the statement is true or false
Harrison Company expects to incur $600,000 in manufacturing overhead for the coming year. The company makes two products, A and B, and it has accumulated the following budget information for the products:
Required:1) Use direct labor hours as the cost driver to compute the allocation rate. Determine the amount of budgeted overhead to be allocated to each unit of product A. (Round to the nearest cent.)2) Use machine hours as the cost driver to compute the allocation rate. Determine the amount of budgeted overhead to be allocated to each unit of product A. (Round to the nearest cent.)3) How should Harrison decide between machine hours and direct labor hours
as the cost driver for its manufacturing overhead? What will be an ideal response?
The first step in preparing the marketing plan is to define the target market.
Answer the following statement true (T) or false (F)
As the trustee of a business trust, Dwight is required to
A. distribute the trust's profits. B. assume responsibility for the trust's debts. C. draft a written trust agreement. D. none of the choices.