The mere possession of land without right is called a tenancy at will
Indicate whether the statement is true or false
F
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Which method of trading currencies involves the conversion of one currency into another at one point in time with an agreement to reconvert it back to the original currency at some point in the future?
a. forward transaction b. futures transaction c. spot transaction d. swap transaction
The Supreme Court is likely to issue a writ of certiorari when a federal court has ruled that an act of Congress is unconstitutional
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. Reengineering is distinguished from continuous improvement in that it focuses on large, one-time improvements in business processes, rather than small, incremental steps toward improvement. 2. In the 21st century, the hierarchical structures of organizations stemming from scientific management are being replaced with flatter organizational structures and flexible specialization. 3. High performance work systems are mutually supporting human resource practices that combine flexibility with employee involvement. 4. Under job control unionism, wages are tied to individuals rather than to jobs. 5. Flexibility and innovation in workplace processes are enhanced by the traditional model of job control unionism that allows new contracts to be negotiated every 1-3 years.
Carlin and Marley, an accounting firm, provides consulting and tax planning services. For many years, the firm's total administrative cost (currently $270,000) has been allocated to services on this basis of billable hours to clients. A recent analysis found that 55% of the firm's billable hours to clients resulted from tax planning services, while 45% resulted from consulting services.The firm, contemplating a change to activity-based costing, has identified three components of administrative cost, as follows: Staff Support$200,000 In-house computing charges 50,000 Miscellaneous office costs 20,000 Total$270,000 A recent analysis of staff support found a strong correlation with the number of clients served. In contrast, in-house computing and miscellaneous office cost varied
directly with the number of computer hours logged and number of client transactions, respectively. Consulting clients served totaled 35% of the total client base, consumed 30% of the firm's computer hours, and accounted for 20% of the total client transactions.If Carlin and Marley switched from its current accounting method to an activity-based costing system, the amount of administrative cost chargeable to consulting services would: A. decrease by $59,500. B. decrease by $32,500. C. increase by $32,500. D. change by an amount other than those listed. E. change, but the amount cannot be determined based on the information presented.