Beyoncé is an example of a public figure for purposes of proving malice

Indicate whether the statement is true or false


True

Business

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Which one of the following procedures would be considered improper by the auditor in the process of confirming receivables?

a. The auditor allows the client's staff to prepare the confirmation letters after the auditor has chosen the items to be confirmed. b. The auditor allows the client to sign the confirmations after they are prepared. c. The auditor allows the client's staff to mail the confirmation letters after he or she has proofed the typing of the letters. d. The auditor asks the addressee to return the confirmation to the audit firm's office.

Business

The term net worth is a more accurate term than owner's equity because assets are recorded at original cost rather than at current value

Indicate whether the statement is true or false

Business

Stealth, Inc. produces two types of drones, rotary and fixed wing. Stealth estimated $850,000 of manufacturing overhead, and 62,500 machine hours for the year. The allocation base for overhead costs is machine hours. The rotary model actually consumed 18,000 machine hours, and the fixed wing type consumed 44,500 machine hours. How much overhead is allocated to the rotary model? (Round intermediary calculations to the nearest cent.)

A) $244,800 B) $605,200 C) $180,000 D) $302,600

Business

______ is any action such as firings, demotions, schedule reductions, or changes that would harm the individual employee.

A. Constructive discharge B. Retaliation C. Right-to-sue D. Adverse employment action

Business