A favorable income variance indicates a monthly income
A)
equal to the budgeted monthly income.
B)
greater than budgeted monthly expenses.
C)
greater than budgeted monthly income.
D)
greater than accumulated income variances.
C
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ROCE will exceed ROA whenever ROA exceeds the after-tax cost of borrowing plus any dividends required for preferred shareholders. Which of the following is/are true?
a. The bond holders earn a higher return, but they undertook more risk in their investment. b. The preferred shareholders earn a lower return, but they undertook more risk than the common shareholders in their investment. c. The common shareholders earn a higher return, but they undertook more risk in their investment. d. Using lower-cost borrowed funds and then earning a rate of return on those funds higher than their cost increases the return to the common shareholders. e. Choices c and d.
Which of the following is true of NAFTA members' right to change the limitations on their sectoral list?
A. They cannot make it more restrictive than it is. B. They cannot make additional changes once it has been ratified. C. They can only make it more restrictive than it is. D. They can make it either more or less restrictive than it is.
Bob is a massage therapist working for a company with three employees. After a year, he asks to take a vacation only to find out that vacations are not offered by the company. Bob argues that he is due 2 weeks of vacation based on customary vacations received elsewhere. Discuss the legal, practical, and ethical issues.
What will be an ideal response?
Which of the following is not consideration?
a. A return promise. b. Refraining from exercising a legal right. c. Acceptance of a gift. d. Acting in response to a unilateral offer.