The master budget consists of a number of separate but interdependent budgets.
Answer the following statement true (T) or false (F)
True
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What is meant by the OLAP term: drill-down?
Tranquility Care provides home healthcare services at an average price of $70 per hour and incurs variable costs of $45 per hour. Assume average fixed costs are $3,600 a month. (Round your answer to the nearest whole unit.)
1. What is the number of hours that must be billed to reach the breakeven point? 2. If the company desires to make a profit of $2,000, how many hours must be completed? 3. The company thinks it can reduce fixed costs to $3,400, but variable cost will increase to $48 per hour. The price per unit will not change. What is the new breakeven point in hours?
Answer the following statement(s) true (T) or false (F)
1. The behavioral approach to managing conflict addresses the roots of the conflict by focusing on emotions, beliefs, and behaviors. 2. The attitudinal approach to managing conflict is aimed at simply stopping the behaviors that are causing the conflict. 3. Distributive negotiation offers a win-win scenario whereby parties try to reach an agreement that benefits them both by focusing on creating new options and solutions. 4. Mythical fixed pie is a common mistake in negotiation. 5. Compromise is not used when there is an imbalance in power.
What does a business typically receive when it issues stock to owners?
A. Cash B. Promissory note C. Stock certificate D. Equipment