The Data Accountability and Trust Act of 2009 (DATA) requires data owners to notify which of the following when a data breach has been discovered?
A. The Securities and Exchange Commission (SEC).
B. The Federal Trade Commission (FTC).
C. The National Security Agency (NSA).
D. The Federal Bureau of Investigation (FBI).
Answer: B
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Emerald Marine Stores Company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor
Emerald uses standard costs to prepare its flexible budget. For the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: Direct materials: 4 pounds per unit; $6 per pound Direct labor: 2 hours per unit; $17 per hour During the first quarter, Emerald produced 4,000 units of this product. Actual direct materials and direct labor costs were $65,000 and $329,000, respectively. For the purpose of preparing the flexible budget, calculate the total standard direct materials cost at a production volume of 4,000 units. A) $96,000 B) $65,000 C) $16,000 D) $24,000
On June 13, Hagen Products sustained a warehouse fire in which all of the merchandise was destroyed. Company records indicate that at the time of the fire the net sales to date were $2,438,500. Hagen had a beginning inventory of $658,300 and net
purchases were $1,562,850. They have maintained a gross margin of 35% on sales over the past three years. Use the gross margin method to estimate the inventory loss for the insurance claim.
What are the three major consumerism forces today?
What will be an ideal response?
What are the limitations of a balance sheet?
What will be an ideal response?