When posting a dishonored note to a customer's account, an explanation is included so as not to misinterpret the debit as a sale on account.

Answer the following statement true (T) or false (F)


True

Business

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The normal capacity of Noel Company is 4,00 . units per month. At this volume, budgeted fixed and variable factory overhead are $16,00 . and $20,000 . respectively. In May, actual production was 4,200 units and actual overhead incurred was $37,900. What is the variance between budgeted factory overhead per the flexible budget and actual overhead incurred?

a. $1,900 U b. $1,00 . U c. $900 U d. $100 U

Business

If a mortgage is silent with regard to assuming it, it is most likely

a. that it can be assumed. b. that it cannot be assumed. c. that it can be assumed if it is an FHA or VA guaranteed mortgage. d. none of these.

Business

vAccording to a recent Rockefeller Foundation report, the financial issue Americans worry about the most is the ability to pay

A) for medical expenses. B) for retirement expenses. C) debt expenses. D) home mortgage expenses.

Business

Calls for bids are offers

Indicate whether the statement is true or false

Business