European options can only be exercised on the expiration date but can be sold to another investor on any trading day

Indicate whether the statement is true or false.


Answer: TRUE

Business

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Under which of the following circumstances would the base used to calculate the variable overhead rate be the same as that used for the fixed overhead rate?

a. When actual labor hours are the same as budgeted labor hours b. When standard indirect labor hours agree with standard direct labor hours c. In most circumstances; the base used for each calculation is normally the same. d. When the number of labor hours expected to be incurred for the period is the same as normal capacity direct labor hours

Business

The ________ represents the contribution margin divided by revenue

A) return of capital B) gross margin percentage C) capitalization rate D) markup rate

Business

________ have control over whom to hire, whom to fire, and what tasks the team will perform.

A. Interest groups B. Self-designing teams C. Autonomous work teams D. Focus groups E. Traditional work teams

Business

Harry Starr, a college student, earned $4,000 and claimed one personal exemption. Harry's father still can claim Harry as a dependent and also take the exemption

Indicate whether the statement is true or false

Business