Management of an LLC is vested in its:
A) members
B) partners
C) shareholders
D) managers
A
You might also like to view...
Discrepancy of quantity means
A. there are more consumers than producers. B. the difference between the product lines the typical producer makes and the assortment wanted by consumers or final users. C. the difference between the quantity of products it is economical for an individual producer to make and the quantity normally wanted by individual consumers or users. D. consumers want more products than producers can make. E. there are more producers than consumers.
What are the three major sources of error in survey research?
In systems analysis, which of the following is NOT a component you need to understand?
A) Business objectives B) The information people need to do their job C) The rules governing data D) The size of the budget
Portside Watercraft uses a job order costing system. During one month Portside purchased $153,000 of raw materials on credit; issued materials to production of $164,000 of which $24,000 were indirect. Portside incurred a factory payroll of $95,000, of which $25,000 was indirect labor. Portside uses a predetermined overhead rate of 170% of direct labor cost. The journal entry to record the application of factory overhead to production is:
A) Debit Work in Process Inventory $55,800; credit Factory Overhead $55,800. B) Debit Work in Process Inventory $161,500; credit Factory Overhead $161,500. C) Debit Work in Process Inventory $119,000; credit Factory Overhead $119,000. D) Debit Factory Overhead $119,000; credit Work in Process Inventory $119,000. E) Debit Work in Process Inventory $95,000; credit Factory Payroll $95,000.