When a parent company owns a majority of the common shares of a subsidiary company but not 100% of them, the parent company will consolidate all of the subsidiary's revenues and expenses into its financial statements
Indicate whether the statement is true or false
True
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The assessment of the need for a training program takes place at which three levels?
a. task, individual, and industry b. individual, departmental, organizational c. industry, organization, and individual d. organizational, task, and individual
In a statement of work the scope is used to define the broad requirements of a project
Indicate whether the statement is true or false
A fleet of limousines purchased by Hurst Industries is expected to last 5 years. The purchase price was $1,101,406. Shipping costs were $24,230 and initial setup charges were $37,447. The trade-in value is $77,098. Using the sum-of-the-years' digits depreciation method, calculate the accumulated depreciation at the end of year 2
A) $651,591 B) $511,492 C) $289,596 D) $868,788
Finished goods inventory is $190,000. If overhead applied to these goods is $72,000, and the overhead rate is 120% of direct labor, how much direct materials cost was incurred in producing the inventory?
A) $31,600. B) $58,000. C) $56,000. D) $60,000. E) $86,400.