When standard costs are used in process costing, managers are quickly alerted when actual costs differs significantly from expeced costs

Indicate whether the statement is true or false


true

Business

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Identify how a company might evaluate whether or not to support the United Way, a program that collects donations and distributes them to a wide range of charities.

What will be an ideal response?

Business

A federal government agency is planning to build a dam in Maine. The land where the dam will

be located, and the area that will be under the lake to be formed, is currently all privately owned. Which of the following correctly describes the requirement for an environmental impact statement? A) An environmental impact statement is required unless the EPA grants a waiver. B) An environmental impact statement is required only if the land will become federal land before the dam is built. C) An environmental impact statement is required only if any of the land affected is classified as wetland. D) An environmental impact statement is not required because the land is private. E) An environmental impact statement is required because it is the federal government who is undertaking his project.

Business

In a surety arrangement, a third person promises to be liable for the payment of another's debt

Indicate whether the statement is true or false

Business

Ethics and law are unrelated

a. True b. False Indicate whether the statement is true or false

Business