Which of the following is an advantage of state regulation of insurance over federal regulation of insurance?
A) uniformity of laws
B) greater efficiency
C) more effective in negotiating international agreements pertaining to insurance
D) quicker response to local insurance problems
Answer: D
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________ is the most widely used scaling technique in marketing research
A) Comparative scaling B) Noncomparative scaling C) Random scaling D) Nonmetric scaling E) Substantive scaling
Bulluck Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or RateDirect materials 3.5grams$1.00per gramDirect labor 0.7hours$11.00per hourVariable overhead 0.7hours$2.00per hourThe company reported the following results concerning this product in July. Actual output 3,000unitsRaw materials used in production 11,370gramsActual direct labor-hours 1,910hoursPurchases of raw materials 12,100gramsActual price of raw materials purchased$1.20per gramActual direct labor rate$11.40per hourActual variable overhead rate$2.10per hourThe company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.The materials price variance for July is:
A. $2,420 F B. $2,100 F C. $2,420 U D. $2,100 U
When a company applies the initial value method in accounting for its investment in a subsidiary, and the subsidiary reports income in excess of dividends paid, what entry would be made for a consolidation worksheet for the second year? A)Retained earnings Investment in subsidiaryB)Investment in subsidiary Retained earningsC)Investment in subsidiary Equity in subsidiary's incomeD)Equity in subsidiary's income Investment in subsidiaryE)Additional paid-in capital Retained earnings
A. C above. B. D above. C. E above. D. A above. E. B above.
If a firm adheres strictly to the residual dividend model, the issuance of new common stock would suggest that
A. the dividend payout ratio has remained constant. B. the dividend payout ratio is increasing. C. no dividends will be paid during the year. D. the dividend payout ratio is decreasing. E. the dollar amount of capital investments had decreased.