Payable-through drafts
A) provide for effective control over field payments.
B) are a form of commercial paper.
C) are not legal instruments.
D) cannot be cleared through the banking system.
A
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Anthony wants to start a restaurant but he knows he has a lot to learn about starting a business. Of the conditions that need to be put in place for the Entrepreneurial Ecosystem, he particularly needs ______.
a. financial resources b. support from government c. entrepreneurship education d. research and development transfer
Tiff Corporation has two production departments, Casting and Assembly. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Casting Department's predetermined overhead rate is based on machine-hours and the Assembly Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: CastingCustomizingMachine-hours 17,000 10,000Direct labor-hours 1,000 5,000Total fixed manufacturing overhead cost$129,200$46,500Variable manufacturing overhead per machine-hour$1.80 Variable manufacturing overhead per direct labor-hour $3.80 During the current month the company started and finished Job P131. The following data were recorded
for this job: Job P131:MachiningCustomizingMachine-hours 90 20Direct labor-hours 20 60The amount of overhead applied in the Assembly Department to Job P131 is closest to: A. $228.00 B. $786.00 C. $558.00 D. $65,500.00
An example of an active investment is the licensing of technology to a foreign firm
Indicate whether the statement is true or false
An extreme intelligence difference between a leader and his or her followers is always beneficial to the organization.
Answer the following statement true (T) or false (F)