During the election campaign of a labor union, management can:
A. question employees individually about their preferences.
B. initiate a campaign against the union, emphasizing the costs of unionization.
C. threaten to withhold benefits in the event of unionization.
D. promise to provide benefits in the future in the event of nonunionization.
Answer: B
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In standard costing,
a. the standards are developed only for overhead costs. b. the standards are developed primarily from past costs. c. comparisons with actual costs usually are not performed. d. debit and credit entries to inventory accounts are made at standard costs.
When a rainstorm erupts outside Rita's Souvenir & Gift Shop, Rita and Shaw enter into an implied contract to split the revenue from Shaw's sale of umbrellas to Rita's customers. The terms of this contract are defined by A) the conduct of the parties
B) the words of the parties. C) the unforeseeable storm that gave rise to the deal. D) the unexpressed subjective intent of the parties.
Devonshire, Inc. sold merchandise inventory on account at a price of $24,000 with payment terms of 2/10, n/30. The merchandise cost Devonshire $20,000. If the customer paid for the merchandise 5 days after receiving the invoice, how much cash was collected by Devonshire?
A. $23,520 B. $19,600 C. $24,000 D. $20,000
John F. Kennedy's 1962 consumer bill of rights outlined four rights: the right to be informed, the right to choose, the right to be heard, and the right to
A. regulations. B. nondiscrimination. C. fix prices. D. safety. E. service.