People are more willing to purchase or increase their insurance coverage when
A) economic conditions are favorable and incomes are lower.
B) economic conditions are favorable and incomes are higher.
C) economic conditions are weak and incomes are lower.
D) None of the above.
Answer: B
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Associations that make up points-of-difference are based exclusively on product features
Indicate whether the statement is true or false
Sobus Corporation manufactures one product. It does not maintain any beginning or ending Work in Process inventories. The company uses a standard cost system in which inventories are recorded at their standard costs and any variances are closed directly to Cost of Goods Sold. There is no variable manufacturing overhead. The fixed manufacturing overhead standards for the company's only product specify 0.70 hours per unit at $4.00 per hour. The standard fixed manufacturing overhead rate was based on budgeted fixed manufacturing overhead of $70,000 and budgeted activity of 17,500 hours. During the year, 19,700 units were started and completed. Actual fixed overhead costs for the year were $57,700.Assume that all transactions are recorded on a worksheet as shown in the text. On the left-hand
side of the equals sign in the worksheet are columns for Cash, Raw Materials, Work in Process, Finished Goods, and PP&E (net). All of the variance columns are on the right-hand-side of the equals sign along with the column for Retained Earnings.When applying fixed manufacturing overhead to production, the Work in Process inventory account will increase (decrease) by: A. ($55,160) B. ($26,300) C. $26,300 D. $55,160
Babita Singh, a fifty-one-year-old schoolteacher from Los Angeles, believes that people should choose a profession they like, which is an example of Babita's ________
A) secondary belief B) core belief C) core value D) work ethic E) moral code
Which of the following is not a way to use a default value?
A) A menu option is pulled down when the form first displays. B) An input field contains text when the form first displays. C) A radio button is selected when the form first displays. D) A check box is checked when the form first displays.