Which of the following is true about comprehensive income?
a. Only labor income is included.
b. Only capital income is included.
c. Capital gains are not included.
d. Both realized and unrealized capital gains are included.
d. Both realized and unrealized capital gains are included.
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It is most appropriate to use a multidomestic strategy when the pressure to lower costs are high and the pressure for local adaptation is also high.
Answer the following statement true (T) or false (F)
Bar code scanners are now being used to track incoming materials and to electronically transmit this data. Scanners have replaced which of the following:
A) receiving report B) materials requisition C) materials ledger D) job cost sheet
Mary's Fine Fashions Mary's Fine Fashions manufactures and sells various types of women's clothing. At the end of 2011, Mary had estimated for the production and sale of 25,000 short-sleeve shirts. Each shirt has a standard calling for 2.5 yards of direct material at a standard rate of $1.25 per yard and 12 minutes of direct labor time at a standard rate of $.20 per minute. During 2012, the
company actually produced and sold 23,000 shirts. These 23,000 shirts had an actual direct materials cost of $77,142 (59,340 yards at $1.30 per yard) and an actual direct labor cost of $63,250 (253,000 minutes at $.25 per minute). Each shirt sells for $20. Refer to the Mary's Fine Fashions information above. What is Mary's net operating income based on a flexible budget? A) $332,925 B) $361,875 C) $347,400 D) $307,400
A magistrate allows the release of a defendant without the posting of bail if the defendant ________
A) does not have enough money to post bail B) has sufficient ties to the community C) displays remorse D) has no prior offenses