If the amount of a bond premium on an issued 11%, 4-year, $100,000 bond is $12,928, the annual interest expense is $5,500
Indicate whether the statement is true or false
False
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When preparing the direct labor budget, ________.
A) the production manager projects the average direct labor costs B) direct labor hours needed for production are multiplied by the direct labor cost per hour C) the actual direct labor cost per hour must be known D) budgeted units to be produced are multiplied by direct labor cost per hour to determine budgeted direct labor cost
The American Customer Satisfaction Index produces a measure of customer service quality based on surveys of consumers
Indicate whether the statement is true or false
Peter runs an auto air conditioning repair shop. Because of the phase-out of the
ozone-depleting refrigerants used in older auto air conditioners, auto air conditioning repairers have become subject to numerous new laws and regulations, some of which are costly and burdensome to comply with. Although it costs him more, Peter decides to follow all the statutes and regulations so long as everyone else does the same. Peter has reached his decision in accordance with: A) Rawls's distributive justice theory. B) Utilitarianism. C) Ethical relativism. D) Ethical fundamentalism. E) Kantian ethics.
A company does not have to issue all of the shares authorized by the corporate charter, but it cannot issue more shares than are authorized
a. True b. False Indicate whether the statement is true or false