Great State Bank and First Federal Bank have a security interest in TriColor's equipment. If neither secured party is perfected, the first to sue or repossess has priority over the collateral
a. True
b. False
Indicate whether the statement is true or false
False
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Pecan Inc. produces water valves. Overhead costs have been identified as follows: Activity PoolCostActivity DriverActivityQuality control$55,500Number of inspections185Material maintenance$87,400Number of machine hours19,000Setups$75,000Number of production runs60 Pecan makes 3 models of valves with the following details: ?EconomyStandardPremiumUnits produced20,00040,0007,000Number of inspections540140Machine hours4,50012,0002,500Production runs52035Required: a. Calculate the activity rate for each activity. b. Determine the amount of indirect costs assigned to each of the products.
What will be an ideal response?
The payment of cash dividends to shareholders is classified as a financing activity.
Answer the following statement true (T) or false (F)
In a recent meeting with the CEO and top executive management team, an HR manager was asked to present several possible HR responses to the economic downturn, including layoffs. This responsibility best illustrates the HR manager's role as:
A. Builder B. Navigator C. Change partner D. Controller
As the inventor of hypertension medication, OneSure Pharmaceuticals (OSP) Inc. was able to reap the benefits of economies of scale due to a large consumer demand for the drug. Even when competitors later developed similar drugs after the expiry of OSP's patents, regular users did not want to switch because they were concerned about possible side effects. Which of the following benefits does this scenario best illustrate?
A. fringe benefits B. network externalities C. first-mover advantages D. social benefits