________ determine the flow of an application
A) Control objects
B) Utility objects
C) Boundary objects
D) Real objects
A
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The board of directors declared a $0.50 per share cash dividend on common stock, and the corporation had 10,000 shares authorized and 6,000 shares outstanding. The journal entry for the dividend declaration would include a debit to
a. Retained Earnings, $5,000; b. Retained Earnings, $6,000; c. Cash, $5,000; d. Cash, $10,000; e. none of these.
Mcgreal Incorporated has provided the following data concerning its overhead variances for the most recent period: Variable overhead rate variance$28,122UVariable overhead efficiency variance$3,036UFixed overhead budget variance$16,000FFixed overhead volume variance$9,196FThe total of the overhead variances is:
A. $17,666 F B. $17,666 U C. $5,962 U D. $5,962 F
If an assignee gives consideration in exchange for an assignment, an enforceable contract exists between the assignor and assignee
Indicate whether the statement is true or false
The presence of overhead wires that are part of the transmission system of utilities has created questions about the safety of the presence of the resulting electromagnetic field. Several homeowners have filed suit seeking an injunction against the utility to have the overhead wires removed. Which of the following statements is correct?
A) If the wires present a safety danger, they are a public nuisance and should be enjoined. B) If the wires were there before the homes were built, then the wires must remain. C) If the wires do not affect the full community, they cannot be enjoined as a public nuisance. D) The court must balance the need for the wires with the safety interests of the homeowners.