A gambling contract is illegal unless it is a type of wagering specifically authorized by state statute

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Most employers use payroll checks drawn on a special bank account for paying the payroll

a. True b. False Indicate whether the statement is true or false

Business

Rule 201 - General Standards, of the AICPA Code of Professional Conduct does not include which of the following factors?

a. Due professional care. b. Integrity and objectivity. c. Planning and supervision. d. Sufficient relevant data.

Business

In a job-order costing system that is based on machine-hours, which of the following formulas is correct?

A. Predetermined overhead rate = Actual manufacturing overhead ÷ Actual machine-hours B. Predetermined overhead rate = Estimated manufacturing overhead ÷ Estimated machine-hours C. Predetermined overhead rate = Actual manufacturing overhead ÷ Estimated machine-hours D. Predetermined overhead rate = Estimated manufacturing overhead ÷ Actual machine-hours

Business

During the__________of the decision-making process, ideas are converted into actions

A) intelligence phase B) design phase C) choice phase D) implementation phase

Business