If in evaluating a proposal by use of the net present value method there is a deficiency of the present value of future cash inflows over the amount to be invested, the proposal should be accepted
Indicate whether the statement is true or false
False
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Two barriers to discovering vocation are ______.
A. forgetfulness and avoidance B. anger and pride C. ambition and avoidance D. time pressures and lack of guidance
The second step in solving a dynamic programming problem is to solve the last stage of the problem for all conditions or states
Indicate whether the statement is true or false
Consider the seven statements that follow.1. An analysis of fixed overhead will typically result in the computation of the fixed-overhead spending variance and the fixed-overhead volume variance.2. The standard rate for fixed overhead is computed by dividing a company's budgeted fixed overhead for the period by the planned manufacturing activity.3. A company uses direct labor hours to apply manufacturing overhead to units of production. If the company reports an unfavorable labor efficiency variance, that same firm might report a favorable variable-overhead efficiency variance in the same accounting period.4. The amount of actual fixed overhead for an accounting period is used to compute the fixed-overhead volume variance.5. If a company's standard hours allowed for the manufacturing
activity attained exceeds the planned manufacturing activity, the firm will report a favorable fixed-overhead volume variance.6. The amount of fixed overhead that a company has budgeted for an accounting period will increase or decrease with the actual number of units produced.7. The fixed-overhead volume variance indicates whether the level of production activity attained is higher or lower than the level originally anticipated.Required: Determine whether the preceding statements are true or false. If a statement is false, briefly explain why it is false. What will be an ideal response?
Research the difference between American Depositary Shares and American Depositary Receipts. Then, visit the SEC’s website (www.sec.gov) to locate the final SEC rule Release No. 33-8879 issued on December 21, 2007 and research whether foreign issuers must file with the SEC financial statements in conformity with generally accepted accounting principles (GAAP).
What will be an ideal response?