One way of stating the accounting equation is: Assets + Liabilities = Stockholders' Equity

Indicate whether the statement is true or false


F

Business

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The actual variable cost per customer and variable cost per customer estimated in the plan are $3 and $8, respectively. The actual volume and the volume estimated in the plan are 30,000 units and 20,000 units, respectively

Calculate the cost variance. A) $250,000 B) $100,000 C) -$100,000 D) -$150,000 E) $150,000

Business

Answer the following statement(s) true (T) or false (F)

1. An integrated information system is one built on common platforms that permit single instances of data to be used in several applications. 2. SOA is a collection of internal and external services that can communicate with each other by point-to-point data exchange or through coordination among different services to achieve a business purpose. 3. The Occupational Safety and Health Act (OSHA) is a law that authorizes the federal government to establish and enforce occupational safety and health standards for all places of employment affecting interstate commerce. 4. Outsourcing is an organization’s use of groups outside the U.S. to provide services (e.g., HR call centers) to achieve strategic organizational goals. 5. Offshoring is an organization’s use of an outside group to provide from a few (e.g., recruiting, compensation processing) to a broad set of services (e.g., all HR functions) to achieve strategic organizational goals.

Business

In which phase of the SBIR grant process are funds used to create a prototype of a product or service?

A. Phase I B. Phase II C. Phase III D. Phase IV

Business

The doctrine of respondeat superior is most often applied in situations involving:

a. torts of the agent. b. negligence of the principal. c. contracts negotiated by the agent. d. crimes committed by the agent.

Business