New general partners can be admitted only with the ________

A) approval of at least two-thirds of the partners
B) specific consent of each partner
C) merger with another limited partnership
D) death of or transfer by a general partner


B

Business

You might also like to view...

Identify the pricing strategy that is useful for preventing competitive entry

A) pricing to value B) investment pricing C) penetration pricing D) prestige pricing

Business

Describe the most common points at which managers should consider workforce training.

What will be an ideal response?

Business

Express terms are those terms which are actually stated by the parties to the contract

Indicate whether the statement is true or false

Business

Glendale Brands Company uses standard costs for its manufacturing division Standards specify 0.1 direct labor hours per unit of product. At the beginning of the year, the static budget for variable overhead costs included the following data:

Production volume 6,000 units Budgeted variable overhead costs $14,000 Budgeted direct labor hours (DLHr) 600 hours At the end of the year, actual data were as follows: Production volume 4,000 units Actual variable overhead costs $15,200 Actual direct labor hours (DLHr) 480 hours What is the variable overhead efficiency variance? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.) A) $1,866 F B) $1,866 U C) $2,534 F D) $2,534 U

Business