A limited liability company is not a citizen of any state.
Answer the following statement true (T) or false (F)
False
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Marketers need to identify the hierarchy of attributes that guide consumer decision making in order to understand different competitive forces and how these various sets get formed. This process of identifying the hierarchy is called ________
A) market partitioning B) brand association C) market valuation D) market estimation E) market identification
Alberta Corporation uses a job-order costing system. The following data relate to the just completed month's operations.(1) Direct materials requisitioned for use in production, $170,000(2) Indirect materials requisitioned for use in production, $11,000(3) Direct labor wages incurred, $105,000(4) Indirect labor wages incurred, $103,000(5) Depreciation recorded on factory equipment, $38,000(6) Additional manufacturing overhead costs incurred, $63,000(7) Manufacturing overhead costs applied to jobs, $200,000(8) Cost of jobs completed and transferred from Work in Process to Finished Goods, $450,000Required:a. Where appropriate, post the above transactions to the Work in Process and Manufacturing Overhead T-accounts below.?Work In Process?Bal.$35,000????????Manufacturing
Overhead???????????????b. Determine the underapplied or overapplied overhead for the month. What will be an ideal response?
If a company understates its inventory, what are the effects on cost of goods sold and net income for the current year?
A) Cost of goods sold will be understated and net income will be overstated. B) Cost of goods sold will be overstated and net income will be understated. C) Both cost of goods sold and net income will be understated. D) Both cost of goods sold and net income will be overstated.
__________ is a process used mainly in the area of public international law whereby a third party, often a disinterested government, brings the parties together by establishing communication and providing a site where the parties can meet, often in secret
a. Public involvement b. Good offices c. International involvement d. Best transactions