A poison pill is also known as a corporate restructuring.

Answer the following statement true (T) or false (F)


False

Business

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A manufacturing company applies overhead based on direct labor hours. At the beginning of the year, it estimated that overhead costs would be $720,000 and direct labor hours would be 90,000 . Actual overhead costs incurred were $754,400, and actual direct labor hours were 92,000 . Compute the predetermined overhead rate per direct labor hour

a. $7.83 b. $8.38 c. $8.20 d. $8.00

Business

A good service desk manager understands that people, processes, and technology are all available resources; information is not considered a resource as it is derived from data.

Answer the following statement true (T) or false (F)

Business

John is interested in how moods affect a work group. After reading relevant research John learns that ______.

A. moods have no effect on groups B. group mood has no effect on individuals C. if a group mood is positive, teammates typically experience positive mood states D. negative moods have little if no effect on group members

Business

The entry to close the Insurance Expense account at the end of the accounting period is to:

A) debit Retained Earnings and credit Prepaid Insurance B) debit Prepaid Insurance and credit Retained Earnings C) debit Insurance Expense and credit Retained Earnings D) debit Retained Earnings and credit Insurance Expense

Business