The process of conveyance of a deed is called the:
A) zoning meeting.
B) closing.
C) title search.
D) recordation.
B
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Which of the following is an element of the PLAN guide to effective communication?
A. Prevent small talk. B. Acquire new relationships. C. Limit interactions with customers. D. Nurture a continuing relationship.
Which of the following correctly describes the accounting for administrative expenses of a manufacturing company?
A) Administrative expenses are product costs and are expensed as incurred. B) Administrative expenses are period costs and are expensed as incurred. C) Administrative expenses are product costs and are expensed when the manufactured product is sold. D) Administrative expenses are period costs and are expensed when the manufactured product is sold.
Identify and explain the two methods of decision making, and give examples of each.
What will be an ideal response?
Schriever Corporation is an oil well service company that measures its output by the number of wells serviced. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes. Fixed element per monthVariable Element per Well ServicedRevenue $4,500Employee salaries and wages$57,200 $1,100Servicing materials $600Other expenses$31,000 ?The planning budget for May was based on 36 wells serviced, but a total of 31 wells were actually serviced in May.?The activity variance for net operating income for May would have been closest to:
A. $14,000 U B. $9,800 U C. $14,000 F D. $9,800 F