A company takes a risk by electronically storing their online customers' credit-card numbers

Indicate whether the statement is true or false


T

Business

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Mermaid Outfitters projected sales of 78,000 units for the year at a unit sales price of $15

00. Actual sales for the year were 70,000 units at $15.00 per unit. Variable costs were budgeted at $4.50 per unit, and the actual variable cost was $4.80 per unit. Budgeted fixed costs totaled $376,000, while actual fixed costs amounted to $400,000. What is the sales volume variance for operating income? A) $39,000 unfavorable B) $84,000 unfavorable C) $84,000 favorable D) $45,000 unfavorable

Business

Expenses always decrease equity.

Answer the following statement true (T) or false (F)

Business

When parties contract expressly for a particular subject matter, the contract is discharged if the subject matter is destroyed through no fault of either party.?

Indicate whether the statement is true or false

Business

The golden age of advertising ended shortly after World War II.

Answer the following statement true (T) or false (F)

Business