Agencies are usually part of which branch of government?
a. Judicial
b. Legislative
c. Executive
d. They are equally split between the legislative and executive branches
c
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The following information was taken from the financial statements of Brandon's Motor Shop: Total current assets $ 53,000 Property, plant, and equipment 6,000 Current liabilities 21,000 Long-term liabilities 4,000 Owner's equity 34,000 Beginning inventory 31,000 Ending inventory 33,000 Cost of goods sold 152,000 Net income 42,000 The current ratio for Brandon's Motor Shop is closest to
a. 1.3 to 1. b. 2.4 to 1. c. 2.5 to 1. d. 1 to 2.5.
Outcome evaluation could include measurement of consumer attitudes before and after a product launch
Indicate whether the statement is true or false
Majer Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or RateStandard Cost Per UnitDirect materials 6.4ounces$3.00per ounce$19.20Direct labor 0.4hours$13.00per hour$5.20Variable overhead 0.4hours$5.00per hour$2.00The company reported the following results concerning this product in February. Originally budgeted output 4,800unitsActual output 4,900unitsRaw materials used in production 30,230ouncesActual direct labor-hours 1,910hoursPurchases of raw materials 32,600ouncesActual price of raw materials$2.90per ounceActual direct labor rate$12.40per hourActual variable overhead rate$4.90per hourThe company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when
the materials are purchased.The labor efficiency variance for February is: A. $650 F B. $620 F C. $650 U D. $620 U
Which of the following statements is true of telecommuting?
-It decreases the productivity of employees. -It makes it easier to foster teamwork among employees. -It allows employees to strongly connect to the company culture. -It increases annual cost savings for employers.