A wiki is a Web-based tool that employs easy-to-use software to allow multiple users collectively to create, access, and modify documents

Indicate whether the statement is true or false


True

Business

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Which of the following best describes an executive agreement?

A. It is a treaty or international agreement entered into by a state's executive without following the state's constitutionally required ratification procedure. B. It is a treaty adopted according to the constitutional provisions of the ratifying state. C. It gives a person the right to use another person's property. D. It is a document outlining the principles, functions, and organization of a juridical entity.

Business

For trade secrets to be protected, a business owner is obligated to take all reasonable precautions

to prevent discovery of the trade secrets by others. Indicate whether the statement is true or false

Business

The following information relates to Regency Manufacturing's overhead costs for the month

Static budget variable overhead $14,200 Static budget fixed overhead $5,600 Static budget direct labor hours 1,000 hours Static budget number of units 5,000 units Regency allocates manufacturing overhead to production based on standard direct labor hours. Regency reported the following actual results for last month: actual variable overhead, $14,500; actual fixed overhead, $5,400; actual production of 4,700 units at 0.22 direct labor hours per unit. The standard direct labor time is 0.20 direct labor hours per unit. Compute the variable overhead cost variance. (Round the answer to the nearest dollar.) What will be an ideal response

Business

Vincent runs a small company that manufactures hand-stitched custom leather shoes for men. His products generally attract young, wealthy entrepreneurs who care about their comfort and style. Being a unique business, it does not have much competition and enjoys monopoly. The opportunity of _____ is highlighted in the given scenario.

A. using technology B. having lower overhead costs C. exploiting market niches D. providing homogenous serviceĀ 

Business