Which fundamental characteristic is an ingredient of faithful representation?

A) predictive value
B) confirmatory value
C) timeliness
D) neutrality


D

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Which country has the biggest market for Tupperware?

A) Romania B) Indonesia C) China D) Russia E) India

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Determining who reports to whom is part of the controlling function of management.

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

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Pedregon Corporation has provided the following information: Cost per Unit Cost per PeriodDirect materials$6.35   Direct labor$3.75   Variable manufacturing overhead$1.50   Fixed manufacturing overhead   $15,000Sales commissions$0.50   Variable administrative expense$0.55   Fixed selling and administrative expense   $4,500If 4,000 units are sold, the variable cost per unit sold is closest to: 

A. $14.60 B. $12.65 C. $16.55 D. $11.60

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A beauty shop owner offered one of her employees a bonus of $100 over a six-month period if she would promise to give all customers excellent service. This promise by the beauty shop owner is

a. based on forbearance. b. sufficient to give the employee the right to sue if she does provide good service and the beauty shop owner fails to pay. c. not valid because the employee is already legally bound to give excellent service. d. based on past consideration.

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