Under the Statutory Close Corporation Supplement to the MBCA, a close corporation may operate without a board of directors
a. True
b. False
Indicate whether the statement is true or false
True
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Niles Corporation is a manufacturer that uses job-order costing. The company has supplied the following data for the just completed year: Beginning inventories: Raw materials$47,000 Work in process 20,000 Estimated total manufacturing overhead at the beginning of the year$646,250 Estimated direct labor-hours at the beginning of the year 47,000direct labor-hours Results of operations: Raw materials purchased on account$538,000 Raw materials (all direct) requisitioned for use in production$535,000 Direct labor cost$699,000 Actual direct labor-hours 37,000direct labor-hoursManufacturing overhead: Indirect labor cost$134,000 Other manufacturing overhead costs incurred$453,000 Cost of goods manufactured$1,568,000 The ending balance in the Work in Process
inventory account is: A. $194,750 B. $214,225 C. $154,750 D. $174,750
What is the supramajority voting requirement for shareholders?
What will be an ideal response?
German works councils have generally been unsuccessful at:
A. Assisting employers with the implementation of workplace change. B. Representing the interests of employees. C. Improving workplace efficiency. D. Improving workplace equity.
Which of the following is a correct ordering of homeowners' policies from the least to the most coverage?
A) Basic Form HO-1, Broad Form HO-2, Special Form HO-3. B) Basic Form HO-1, Special Form HO-3, Broad Form HO-2. C) Special Form HO-3, Basic Form HO-1, Broad Form HO-2. D) Special Form HO-3, Broad Form HO-2, Basic Form HO-1.