Which of the following is true of the transportation of goods through a common carrier?
A) The carrier is not liable for damage due to the inherent nature of the goods, such as decay of vegetables.
B) A common carrier is exempted from liability in the incidence of fire even if the incidence was caused due to the carrier's negligence.
C) The initial carrier is not liable for a common carrier loss occurring on the line of a connecting carrier.
D) The carrier's high degree of liability lasts until the goods are picked up by a consignee after being transported.
A
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A debit to Accounts Receivable for $100 and a credit to Cash for $100 would be an accurate journal entry to record
a. an NSF check; b. an ATM withdrawal; c. petty cash; d. cash short and over; e. a sale.
Nielsen Corporation has two manufacturing departments--Machining and Assembly. The company used the following data at the beginning of the year to calculate predetermined overhead rates: MachiningAssemblyTotalEstimated total machine-hours (MHs) 1,000 4,000 5,000Estimated total fixed manufacturing overhead cost$4,700$10,800$15,500Estimated variable manufacturing overhead cost per MH$1.20$2.20 During the most recent month, the company started and completed two jobs--Job F and Job M. There were no beginning inventories. Data concerning those two jobs follow: Job FJob MDirect materials$13,000$7,400Direct labor cost$20,400$8,800Machining machine-hours 700 300Assembly machine-hours 1,600 2,400Assume that the company uses a plantwide predetermined manufacturing overhead rate
based on machine-hours and uses a markup of 40% on manufacturing cost to establish selling prices. The calculated selling price for Job M is closest to: A. $11,988 B. $46,154 C. $29,970 D. $41,958
A delegation relieves the party making it of the obligation to perform.
Answer the following statement true (T) or false (F)
The Food and Drug Administration influences marketing activities the most.
Answer the following statement true (T) or false (F)