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

Financial reporting for publicly listed companies in the United States was first regulated in the 1950s.


ANSWER: F

Business

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The traditional communication model that regards a broadcast message as perishable doesn't work as well with narrowcasting as it does with broadcasting

Indicate whether the statement is true or false

Business

Samsing Inc pays $18,000 to buy stock in another company and an additional $350 in commissions. Three months later, Samsing sells the stock for $19,000 . At the time of sale, Samsing will recognize a:

a. A $650 loss b. A $1,000 gain c. A $350 loss d. A $650 gain

Business

In Kohlberg’s stages of moral development, a child obeys the rules of the house in order to avoid a punishment. This is an example of which stage in Kohlberg’s moral development theory?

A. stage 1 B. stage 2 C. stage 3 D. stage 4

Business

Preston Wade Preston Wade, a local craftsman, normally sells his handcrafted wooden birdhouses for $145 each. Preston has the capacity to produce as many as 60 birdhouses a week. In a normal week, Preston makes 20 birdhouses with the following costs per unit: Direct materials $12.00 Direct labor $15.00 Variable overhead $ 3.00 Fixed overhead $ 5.00 Refer to the Preston Wade information above

Preston has received a special order from a local plant nursery for 40 birdhouses. The nursery wishes to have the birdhouses engraved with their own logo, therefore, the order would require the rental of a special engraving tool at a cost of $250. Preston requires a minimum $2,500 profit on any special order. The minimum price per birdhouse that Preston should charge the nursery is: A) $65.00. B) $98.75. C) $95.00. D) $145.00.

Business