Which of the following would be charged to the life tenant's interest in the course of administering a trust?
A) Expenses of selling a trust investment
B) The costs of establishing the trust
C) Ordinary repairs
D) Permanent improvements to the trust property
C
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A service firm, such as a law firm, would choose direct labor dollars over direct labor hours as a cost driver for overhead because:
a. Overhead is more related to dollars charged than hours worked. b. Labor hours are harder to track. c. Labor rates change and thus overhead is automatically updated. d. Partners and managers incur overhead equally.
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Indicate whether the statement is true or false
A major communication problem associated with telecommuting is that such work
A) often lacks a solid human connection. B) most telecommuters are unlikely to respond to most e-mail. C) provides limited opportunities for phone conversations. D) results in excessive face-to-face interactions with coworkers.