A(n) ______________________________ states a company's commitment to ethical behavior
Fill in the blank(s) with correct word
corporate code of ethics
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The standard error of the estimate is used as a measure of the accuracy of the predictions in regression; it is analogous to the standard error of the mean, used in estimating a population mean from a sample
Indicate whether the statement is true or false
As the discount rate increases without limit, the present value of the future cash inflows:
A) Gets larger without limit. B) Stays unchanged. C) Approaches zero. D) Gets smaller without limit, i.e. approaches minus infinity.
Marks Company makes one product, for which it has established the following standards for materials:Average quantity of material per unit of product: 4.5 poundsPrice per pound of materials: $16During March, Marks made 10,000 units of the product, using 50,000 pounds at a total purchase price of $825,000. Required:(a) Determine the total flexible budget materials variance and indicate whether it is favorable or unfavorable.(b) Calculate the materials price variance and indicate whether it is favorable or unfavorable.(c) Determine the materials usage variance and indicate whether it is favorable or unfavorable.
What will be an ideal response?
On December 1, 2016, a college received a pledge of support for the general endowment. Which of the following is true with respect to this pledge?
A. The contribution will be recognized as revenue in 2016 if the college is a public institution. B. Both The contribution will be recognized as revenue in 2016 if the college is a public institution and The contribution will be recognized as revenue in 2016 if the college is a private institution are true. C. The contribution will be recognized as revenue in 2016 if the college is a private institution. D. Neither The contribution will be recognized as revenue in 2016 if the college is a public institution nor The contribution will be recognized as revenue in 2016 if the college is a private institution is true.