A civil trial is usually heard where the events occurred or where the defendant lives
Indicate whether the statement is true or false
TRUE
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At the beginning of the year, Barcroft Co. estimated that its total annual fixed overhead costs would amount to $25,000. Further, Barcroft estimated that its volume of production would be 2,000 units of product. Based on these estimates, Barcroft computed a predetermined overhead rate that was used to allocate overhead costs to the products made during the year. As predicted, actual fixed overhead costs did amount to $25,000. However, actual volume of production amounted to 2,200 units of product. Based on this information alone:
A. Products were overcosted during the year. B. Products were costed accurately during the year. C. Products were undercosted during the year. D. The answer cannot be determined from the information provided.
Regan, an agent for a department store, orders one hundred dresses from Sal's Clothing Shop for the Spring Blossom Sale. There is no specific agreement in the sale contract indicating when title will pass to the department store. The title will pass to the department store when? A)?Regan signs the contract
B)?Regan and the Sal's Clothing Shop agent sign the contract. C)?Sal's Clothing Shop physically delivers the dresses to the department store. D)?Regan pays Sal's Clothing Shop for the dresses.
Leverage ratios measure
A. the extent to which the firm uses debt financing. B. the speed with which the firm sells inventory. C. sales relative to some base such as equity. D. capacity of the firm to meet current obligations.
Even though it is a high-level programming language, Java still suffers from buffer overflows because it permits more data to be saved into a buffer than it has space for
Indicate whether the statement is true or false.