When investigating overhead variances, management needs to determine whether cost increases were controllable or if the cost standard needs to be updated
Indicate whether the statement is true or false
TRUE
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Under the Americans with Disabilities Act, which employer is most likely to face legal challenges?
A. an employer who has risk-based insurance and then hires an employee with a disability B. an employer who discriminates against workers over age 40 in providing pay or benefits C. an employer who switches to a risk-based policy after hiring a disabled employee D. an employer who does not have risk-based insurance E. an employer who sets guidelines for using waivers
Todd Enterprises is preparing a cash budget for the second quarter of the coming year. The following data have been forecasted: ?April?MaySales ……………………………………………….$150,000?$157,500Merchandise purchases ……………………………107,000?112,400Operating expenses:??? Payroll ………………………………………….13,600?14,280 Advertising …………………………………….5,400?5,700 Rent …………………………………………….2,500?2,500 Depreciation ……………………………………7,500?7,500End of April balances:??? Cash …………………………………………….30,000?? Bank loan payable
………………………………26,000??Additional data:(1) Sales are 40% cash and 60% credit. The collection pattern for credit sales is 50% in the month following the sale and 50% in the month thereafter. Total sales in March were $125,000.(2) Purchases are all on credit, with 40% paid in the month of purchase and 60% paid in the following month.(3) Operating expenses are paid in the month they are incurred.(4) A minimum cash balance of $25,000 is required at the end of each month.(5) Loans are used to maintain the minimum cash balance. At the end of each month, interest of 1% per month is paid on the outstanding loan balance as of the beginning of the month. Repayments are made at the end of the month if the cash balance exceeds $25,000.Prepare the company's cash budget for May. Show the ending loan balance at May 31. What will be an ideal response?
The categorical imperative cannot be applied to many business actions
a. True b. False Indicate whether the statement is true or false
A price-leader approach is a pricing approach most often used in supermarkets to attract consumers by giving them special low prices on a few items.
Answer the following statement true (T) or false (F)