Discharge of a debt is never denied because of the nature of a claim.
Answer the following statement true (T) or false (F)
False
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Marathon Sports Equipment Company projected sales of 81,000 units at a unit sales price of $14 for the year. Actual sales for the year were 75,000 units at $13.00 per unit. Variable costs were budgeted at $2 per unit, and the actual amount was $4 per unit. Budgeted fixed costs totaled $375,000, while actual fixed costs amounted to $425,000. What is the sales volume variance for total revenue?
A) $159,000 favorable B) $159,000 unfavorable C) $84,000 unfavorable D) $84,000 favorable
When using a four-column account, the posting reference column allows the user of the financial data to trace the amounts in the journal back to the ledger
Indicate whether the statement is true or false
The GE "stoplight" evaluation method is a very objective approach because GE feels there are too many possible errors if it tries to use subjective criteria for judging "attractiveness" or "strength."
Answer the following statement true (T) or false (F)
What are the ethics issues associated with a lawyer’s use of social media, such as Facebook, with respect to advertising and solicitation?
What will be an ideal response?