Which of the following is an open application operating system for smart cards?
A) Linux.
B) SMARTS.
C) Windows Vista.
D) MULTOS.
D
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With the periodic inventory system, the inventory account is updated after each sale or purchase
a. True b. False Indicate whether the statement is true or false
A right in a thing is considered property
Indicate whether the statement is true or false
Shopping carts for B2B are fairly simple, but a shopping cart for B2C may be more complex
Indicate whether the statement is true or false
Piechocki Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During May, the company budgeted for 7700 units, but its actual level of activity was 7650 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for May:Data used in budgeting: Fixed element per monthVariable element per unitRevenue - $35.20? Direct labor$0? $5.80?Direct materials 0? 12.80?Manufacturing overhead 34,000? 1.50?Selling and administrative expenses 26,500? 0.50?Total expenses$60,500? $20.60??Actual results for May: Revenue$270,800?Direct labor$44,210?Direct materials$99,995?Manufacturing
overhead$48,500?Selling and administrative expenses$30,570?The direct labor in the planning budget for May would be closest to: A. $44,630 B. $44,370 C. $44,660 D. $44,210