In an S corporation, what is the maximum number of shareholders allowed?
a. 12
b. 50
c. 75
d. 100
d. 100
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Which of the following costs would be least likely to appear on a responsibility accounting report for the supervisor of an assembly line in a large manufacturing situation?
a. Direct labor b. Indirect materials c. Selling expenses d. Repairs and maintenance
In a standard cost system, the standard overhead allocation rate replaces the predetermined
overhead allocation rate but the concept is the same. Indicate whether the statement is true or false
Which of the following adopter groups is described correctly?
A. laggards: respectable B. late majority: follow the innovators C. early adopters: traditional D. early majority: opinion leaders E. innovators: willing to take risks
What is network topology?
A. Occurs when the sending computer divides a message into a number of efficiently sized units called packets, each of which contains the address of the destination computer. B. An intelligent connecting device that examines each packet of data it receives and then decides which way to send it onward toward its destination. C. Refers to the geometric arrangement of the actual physical organization of the computers and other network devices in a network. D. A model for applications in which the bulk of the back-end processing, such as performing a physical search of a database, takes place on a server, while the front-end processing, which involves communicating with the users, is handled by the clients.