The GATS covers trade-related aspects of intellectual property rights
Indicate whether the statement is true or false
False
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Aquatic Marine Stores Company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. Aquatic uses standard costs to prepare its flexible budget. For the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows:
Direct materials: 4 pounds per unit; $6 per pound Direct labor: 2 hours per unit; $17 per hour During the first quarter, Aquatic produced 4000 units of this product. Actual direct materials and direct labor costs were $65,000 and $329,000, respectively. For the purpose of preparing the flexible budget, calculate the total standard direct materials cost at a production volume of 4000 units. A) $96,000 B) $65,000 C) $16,000 D) $24,000
It is possible to invest no tangible assets into a partnership, yet be given a positive opening capital balance
Indicate whether the statement is true or false
Cinthya enjoys competition and always plays to win. When she has to wait, she tends to get irritated. It is likely that Cinthya has a ______.
A. Type A personality B. Type B personality C. Type C personality D. Type D personality
A capturable segment is one that
A. can be traded on the open market. B. is open to product modification. C. can be influenced to move from the competition. D. can be reached through online communication.