Which of the following is a factor considered by authorities in evaluating the mergers of banks?
A. The level to which the new bank increases competition in the market
B. The number of employees in the new bank
C. The adequacy of the financial and managerial resources of the new bank
D. The value of the total assets owned by the new bank
Answer: C
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Answer the following statements true (T) or false (F)
1. In a standard cost system, the manufacturing overhead allocated to production equals the standard overhead allocation rate multiplied by the standard quantity of the allocation base allowed for expected output. 2. To compute the variable overhead cost variance, first compute the difference between actual cost and standard cost. Then, multiply this difference by standard quantity. between actual cost and standard cost. Then, multiply this difference by actual quantity. 4. The fixed overhead cost variance measures the difference between actual fixed overhead and budgeted fixed overhead to determine the controllable portion of total fixed overhead variance. 5. The fixed overhead cost variance measures the difference between actual fixed overhead and allocated fixed overhead.
Refer to B&G, Inc. What type of organization is B&G, Inc.?
A) Sole proprietorship B) Limited-liability company C) S-corporation D) Not-for-profit corporation
The concepts of cost allocation that are used in manufacturing can also apply in:
A. limited instances outside of manufacturing. B. not-for-profit industries only. C. service and not-for-profit industries. D. service industries only.
In the context of the various strategies for investing in securities,which of the following is a drawback ofvalue investing?
A. It requires investors to buy expensive stocks. B. The competition to locate undervalued stocks is intense. C. Investors do not have much time for research as they need to make frequent trades. D. It requires investors to invest without knowing the discrepancies between a firm's true value and its current market price.