The Rule of Capture permits a party to draw all minerals from the subsurface - even those drifting in from adjoining properties
Indicate whether the statement is true or false
True
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Altruron Technologies creates a Facebook page for its new brand of LED television, Sparta. The Facebook page provides latest updates on Sparta and key service issues of the product
It also encourages user comments on the page and users share the information and pictures with their contacts in Facebook. The company has been marketing the page aggressively and has been encouraging users to "like" the product in Facebook. This social networking page and related efforts help the company attract prospective customers. The situation discussed here is an example of ________ marketing. A) viral B) deceptive C) stealth D) direct E) guerilla
The analyses and flow of accounting data inside a company need not depend on the double-entry format
Indicate whether the statement is true or false
Moskowitz Corporation has provided the following data for its two most recent years of operation: Selling price per unit$91 Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials$13Direct labor$7Variable manufacturing overhead$3Fixed manufacturing overhead per year$480,000Selling and administrative expenses: Variable selling and administrative expense per unit sold$6Fixed selling and administrative expense per year$84,000 Year 1Year 2Units in beginning inventory03,000Units produced during the year12,00010,000Units sold during the year9,00010,000Units in ending inventory3,0003,000The unit product cost under absorption costing in Year 2 is closest to:
A. $77.00 B. $48.00 C. $71.00 D. $23.00
In step two of the performance appraisal process, “develop standards” refers to ___________________.
A. standards of acceptable behavior B. federal standards of equal opportunity C. production standards D. process improvement E. work documentation