Credit card processing uses a check digit formula called the Luhn formula

Indicate whether the statement is true or false


TRUE

Business

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A local farmer grows and sells tomatoes and beans to the local grocers. Look at the farmer's business as a system. In which category do the tomatoes, beans, squash, profits, and losses fall?

A. input B. therblig C. transformational process D. result E. output

Business

One approach to the development of a transfer price is to use the market value if the item has an existing market at the time of transfer

Indicate whether the statement is true or false

Business

The action of strikers walking in front of an employer's premises, carrying signs announcing their strike is known as ________

A) occupying B) picketing C) employee lockout D) outcry

Business

Iglesias, Inc completed Job 12 on November 30

The details of Job 12 are given below: Direct labor cost $890 Direct materials cost $1,100 Machine hours 8 hours Direct labor hours 21 hours Predetermined overhead allocation rate $60 per machine hour What is the total cost of Job 12? A) $2,470 B) $1,990 C) $1,370 D) $1,580

Business