Which of the following constitutes a possible legal sanction for investors who use bribes?
a. Civil penalties
b. Unenforceability of contracts induced by bribery
c. Criminal penalties
d. All of the above
d
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A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table:
Budgeted Activity Activity Cost Pool; Budgeted Cost; Product A; Product B; Product C Activity 1 $73,000; 6,300; 9,300; 20,300 Activity 2 $48,000; 7,300; 15,300; 8,300 Activity 3 $88,000; 2,800; 1,300; 1,925 Which of the following statements is true regarding this company's activity rates? a. The activity rate under the activity-based costing system for Activity 2 is $1.55. b. The activity rate under the activity-based costing system for Activity 2 is $18.19. c. The activity rate under the activity-based costing system for Activity 2 is $14.61. d. The activity rate under the activity-based costing system for Activity 2 is $2.93. e. The activity rate under the activity-based costing system for Activity 2 is $2.03.
Mohr Company purchases a machine at the beginning of the year at a cost of $24,000. The machine is depreciated using the straight-line method. The machine's useful life is estimated to be 5 years with a $4,000 salvage value. Depreciation expense in year 2 is:
A. $0. B. $9,600. C. $20,000. D. $4,800. E. $4,000.
A ______ separates those who are connected to the digital revolution in information and communications technology and those who have no access to the benefits of the new technologies.
A. digital divide B. strategic advantage C. free flow D. source of power
The Convention on the Civil Aspects of International Child Abduction aims to control and eliminate exploitation of child labor
Indicate whether the statement is true or false