In applying for a credit card, the potential creditor will look at your ________ to determine if you have funds to cover future debt payments if necessary
Fill in the blank(s) with the appropriate word(s).
Answer: capital
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Which of the following provides an explanation of why the variable overhead rate is separated from the fixed overhead rate in standard costing?
a. There is no justifiable reason; their separation is merely to simplify entries. b. Both calculations divide by the same direct labor hours, but the numerator is different for each calculation. c. The variable overhead rate is calculated using actual direct labor hours, whereas the fixed overhead rate is calculated using normal capacity direct labor hours. d. Different application bases are generally appropriate.
Which of the following lists is in correct supply chain order?
A) first-tier supplier — manufacturer — distributor B) distributor — manufacturer — retailer C) first-tier supplier — second-tier supplier — third-tier supplier D) customer — retailer — distributor
Overdraft protection is an automatic loan made to your checking account whenever your account does not contain enough cash to cover the checks that you have written against it
Indicate whether this statement is true or false.
Because of the concept of stare decisis, the U.S. Supreme Court, in interpreting a statute in 2009, must interpret certain statutory language in the same way as the U.S. Supreme Court interpreted the same statutory language in 1971.
Answer the following statement true (T) or false (F)