Stock is attractive to investors because stockholders are not liable for the corporation's actions and debts and because stock is easily transferred.

Answer the following statement true (T) or false (F)


True

Business

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Research by Hill and colleagues supports the notion that positive a leader–member relationship can result from ______.

A. a high degree of electronic communications between them B. the leader and member having the same degree of conscientiousness C. frequent social encounters with one another outside the workplace D. the leader and member having complementary skill sets

Business

While reviewing factual determinations where informal rulemaking or informal adjudication has occurred, courts use:

a. preponderance of the evidence standard. b. arbitrary and capricious tests. c. rational relationship standard. d. beyond a reasonable doubt standard.

Business

Obermeyer Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on 10,000 direct labor-hours, total fixed manufacturing overhead cost of $96,000, and a variable manufacturing overhead rate of $3.60 per direct labor-hour. Job A735, which was for 40 units of a custom product, was recently completed. The job cost sheet for the job contained the following data:?Total direct labor-hours200?Direct materials$540?Direct labor cost$6,400Required:a. Calculate the amount of overhead applied to Job A735.b. Calculate the total job cost for Job A735.c. Calculate the unit product cost for Job A735.

What will be an ideal response?

Business

Which of the following best describes when an accrual adjustment is required?

A. An expense has not been incurred nor has it been paid in cash. B. An expense has been incurred but not yet paid in cash. C. An expense has been incurred and paid in cash. D. An expense has not been incurred, but cash has been paid.

Business