Breach of contract remedies are available to third parties against accountants because they are ordinarily considered third-party beneficiaries of contracts with accountants

Indicate whether the statement is true or false


False

Business

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The following information is provided for Southall Company:     Sales revenue$125,000 Variable manufacturing costs 42,500 Fixed manufacturing costs 37,500 Variable selling and administrative costs 15,000 Fixed selling and administrative costs 12,500  What is this company's contribution margin?

A. $45,000 B. $67,500 C. $17,500 D. $30,000

Business

Labels on certain products must contain the name and address of the manufacturer

Indicate whether the statement is true or false

Business

The Water Pollution and Control Act is responsible for preventing the illegal discharge of pollutants into interstate and navigable waters

Indicate whether the statement is true or false

Business

In aggregate planning models, which of the following statements are correct?

a. The number of workers available influences the possible production levels. b. We allow the workforce level to be modified each month through the hiring and firing of workers. c. We eventually allow demand to be backlogged; that is, demand need not be met on time. d. All of these choices are correct.

Business