If a business firm refuses to comply with an agency's request to inspect facilities or business records, the agency must defer to the refusal
a. True
b. False
Indicate whether the statement is true or false
False
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John spends $4,000 on a perpetuity that pays $150 each year. The yield to maturity of this perpetuity is
A. 1.5%. B. 3.75%. C. 6.2 %. D. 15%.
Mystic Falls Inc Mystic Falls Inc bottles and sells a popular soft drink. In 2011, the company had expected to sell 1,000,000 bottles but actually bottled and sold 900,000 bottles. The standard direct materials cost for each bottle is $.40 comprised of 10 ounces at a cost of $.04 per ounce. During 2011, 10,000,000 ounces of material were purchased out of which 9,200,000 ounces were used at a cost
of $.05 per ounce. Refer to the Mystic Falls Inc information above. The direct materials usage variance for 2011 was: A) $ 8,000 U. B) $ 8,000 F. C) $40,000 U. D) $40,000 F.
Safety stock is the ______.
A. minimal level of inventory that a company seeks to maintain a buffer against the mismatch between forecasted and actual demand B. level of finished products that a company maintains to take advantage of demand in new markets C. level of finished products that a company maintains to ensure it is safe from government inspection D. level of finished products that a company needs to manufacture to ensure the price is protected from increase or decrease
Conducting a pilot test of a survey instrument on a small group of a population:?
A) ?helps correct problems in clarity and leads to better response and quality of answers. B) ?seldom allows researchers to uncover factors that may affect results. C) ?completely eliminates the need to conduct an actual test on a larger sample group. D) ?shows misleading trends that may tamper with the validity of the study.