The excess of sales price of treasury stock over its cost should be credited to

A) Treasury Stock Receivable
B) Premium on Capital Stock
C) Paid-In Capital from Sale of Treasury Stock
D) Income from Sale of Treasury Stock


C

Business

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Which of the following is true of information stored in departmental "silos'?

A) Such information is best described as structured data. B) Such information is best described as unstructured data. C) Such information is unlikely to be shared with other departments in the firm. D) Such information is typically gathered from indirect sources. E) Such information is typically gathered by channel partners.

Business

Using the standard costs of $5 per pound for a 10 pound bag of chocolate and the following actual cost and usage data, compute the direct materials variance. Direct materials purchased and used 99,000 pounds Price paid for direct materials $4.00 per pound Number of good units produced 9,000 units

a. $45,000 (F) b. $45,000 (U) c. $54,000 (F) d. $99,000 (F)

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Which statement BEST describes the limitations of a project?

a. They are restrictions placed on the study. b. They have no effect on the validity of the data if recognized in advance. c. They may be identified after the data have been collected. d. They must be identified in the proposal.

Business

The Equal Protection Clause is implicitly applied to federal government actions

through the Fifteenth Amendment. a. True b. False

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