Service Employees International Union and Timberline Products, Inc, have their dis¬pute resolved in arbitration. The arbitrator arbitrates issues that the parties did not agree to submit to arbitration. This is a ground for a court to
a. none of the choices.
b. review the merits of the dispute.
c. review the sufficiency of the evidence.
d. set aside the award.
D
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Multiplying the standard price of direct materials by the standard quantity for direct materials yields
a. the direct materials price variance. b. the direct materials quantity variance. c. the standard direct materials cost. d. nothing; the two components should be added together.
Which of the following is a common criticism of deontological ethical theories?
a. They are excessively pragmatic. b. They are rigid and excessively formal. c. They only consider actions by their motives. d. They fail to consider universal principles.
Tahoe Ski Company uses the perpetual inventory system and the gross method of accounting for purchases. The company had the following transactions during January:January 6:Purchased $4,000 of inventory. The seller's credit terms are 2/10, n/30.January 8:Returned $200 worth of defective units and received full credit.January 15:Paid the amount due, less the returned items.Prepare journal entries to record each of the preceding transactions.
What will be an ideal response?
The price of a 3-year zero coupon government bond is 85.16. The price of a similar 4-year bond is 78.81. What is the yield to maturity (effective annual yield) on the 3-year bond?
A) 4.6% B) 5.5% C) 5.8% D) 6.7%