What legal concept states officers cannot unreasonably benefit from the organization’s funds?

A. obedience
B. private inurement
C. conflict of interest
D. intermediate sanctions


B. private inurement

Business

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Financial statement analysis can be both past- and future-oriented

Indicate whether the statement is true or false

Business

Discuss possible questions you could prepare for when getting ready for an interview.

What will be an ideal response?

Business

Modiste, Inc manufactures two kinds of bags—totes and satchels

The company allocates manufacturing overhead using a single plantwide rate with direct labor cost as the allocation base. Estimated overhead costs for the year are $24,000. Additional estimated information is given below. Totes Satchels Direct materials cost per unit $33 $43 Direct labor cost per unit $50 $61 Number of units 530 380 Calculate the predetermined overhead allocation rate. (Round your answer to two decimal places.) A) 90.57% B) 48.31% C) 96.58% D) 1.36%

Business

The ________ command is used in generating the random numbers with Excel

Fill in the blank with correct word.

Business