Business organizations have become ________
A) more complex
B) less complex
C) easier to manage
D) more layered
E) all of the above
A
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Answer the following statement true (T) or false (F)
Any individual director can act as an agent to bind the corporation.?
Indicate whether the statement is true or false
A cost variance can be further separated into the quantity variance and the price variance.
Answer the following statement true (T) or false (F)
A machine was sold in December 20x3 for $9,000. It was purchased in January 20x1 for $15,000, and depreciation of $12,000 was recorded from the date of purchase through the date of disposal. Assuming a 40% income tax rate, the after-tax cash inflow at the time of sale is:
A. $3,600. B. $8,400. C. $9,000. D. $6,600. E. $11,400.