Coding consists of screening questionnaires to identify illegible, incomplete, inconsistent, or ambiguous responses

Indicate whether the statement is true or false


FALSE

Business

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In a two-period model, assume that there are 20 households each with an income of $35,000 in period one and an income of $45,000 in period two. The equilibrium rate of interest faced by the household is 50 percent. The government decides to offer each household a tax rebate of $1,500 in period one. As a rational economic agent you know that the government will tax the households in period two, in order to repay its borrowing. With the interest rate unaffected by the government's action, the government will impose a tax of _____ per household, in period two.

A. ?$2,600 B. ?$3,265 C. ?$1,500 D. ?$2,250

Business

Piekos Corporation incurred $90,000 of actual Manufacturing Overhead costs during June. During the same period, the Manufacturing Overhead applied to Work in Process was $92,000. The journal entry to record the application of Manufacturing Overhead to Work in Process would include a:

A. debit to Manufacturing Overhead of $92,000 B. credit to Work in Process of $90,000 C. debit to Work in Process of $90,000 D. credit to Manufacturing Overhead of $92,000

Business

SAP produces and sells cost-specific platforms to speed up the configuration process

Indicate whether the statement is true or false

Business

Your co-worker asked you about your commitment to your work. You responded by saying not only did you have a commitment but you had a "passionate" commitment. Describe this type of commitment. In your response, include specific examples

What will be an ideal response?

Business