To establish ownership of a written, recorded, performed, or filmed creative work, it is necessary to apply for and be granted a patent
Indicate whether the statement is true or false
FALSE
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Employee embezzlement can be direct or indirect. Indirect fraud occurs when:
a. an employee uses company assets to run his/her private business. b. employees establish dummy companies and have their employers pay for goods that are not actually delivered. c. an employee receives a kickback from a vendor. d. an employee steals company cash, inventory, tools, or other assets.
Vanliere Corporation has two production departments, Machining and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Finishing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: MachiningFinishingMachine-hours 19,000 11,000Direct labor-hours 3,000 6,000Total fixed manufacturing overhead cost$138,700$52,800Variable manufacturing overhead per machine-hour$1.90 Variable manufacturing overhead per direct labor-hour $3.80 During the current month the company started and finished Job A803. The following data
were recorded for this job: Job A803:MachiningFinishingMachine-hours 90 20Direct labor-hours 20 60The predetermined overhead rate for the Finishing Department is closest to: A. $12.60 per direct labor-hour B. $8.80 per direct labor-hour C. $3.98 per direct labor-hour D. $3.80 per direct labor-hour
In limited decision making, consumers _____
a. use each purchase process step, but do not spend much time on each step b. spend much time on information search c. are unwilling to spend time on shopping d. view products to have high perceived risk
Which performance measure might be best suited for a services company?
a. Earnings per share b. Number of units sold per quarter c. Average number of complaints per customer d. Total amount of greenhouse gas emissions