Real property cannot be owned by more than one person
Indicate whether the statement is true or false
FALSE
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The journal entry a company uses to record fully funded pension rights for its salaried employees at the end of theyear is
a. debit Salary Expense; credit Cash b. debit Pension Expense; credit Unfunded Pension Liability c. debit Pension Expense; credit Unfunded Pension Liability and Cash d. debit Pension Expense; credit Cash
Which of the following statements about the important factors that affect how women and men approach negotiations is untrue?
A. Women tend not to draw strict boundaries between negotiating and other aspects of their relationships with other people but instead see negotiation as a behavior that occurs within relationships without large divisions marking when it begins and ends. B. Men use dialogue in two ways: (a) to convince the other party that their position is the correct one and (b) to support various tactics and ploys that are used to win points during the discussion. C. Men are more likely to seek empowerment where there is interaction among all parties to build connections and enhance everyone's power. D. Women are more aware of the complete relationship among the parties who are negotiating and are more likely to perceive negotiation as part of the larger context within which it takes place than to focus only on the content of the issues being discussed.
Igor Corporation's accounts receivable, net of allowance for uncollectibles, were $250,000 at December 31, Year 3, and $350,000 at December 31, Year 4 . Net cash sales for Year 4 were $300,000 . The accounts receivable turnover was 6.0 . Igor's net sales for Year 4 were
a. $1,500,000 b. $1,800,000 c. $2,000,000 d. $2,100,000 e. $2,200,000
Use the following data to find the direct labor rate variance if the company produced 3,500 units during the period. Direct labor standard (4 hrs. @ $12/hr.)$48per unitActual hours worked 12,250 Actual rate per hour$12.50
A. $6,125 unfavorable. B. $7,000 unfavorable. C. $21,000 favorable. D. $7,000 favorable. E. $14,875 favorable.