Under the Sarbanes-Oxley Act of 2002, chief executive officers no longer need to certify the accuracy of information in corporate financial statements
Indicate whether the statement is true or false
False
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The ____________________ rate is used to apply overhead based on production activity such as direct labor hours, direct labor costs, or machine hours; used because of the difficulties of relating specific costs to specific jobs
Fill in the blank(s) with correct word
The least significant demographic trend in the United States is the changing age structure of the population
Indicate whether the statement is true or false
The percentage change in earnings before interest and taxes (EBIT) associated with a given percentage change in sales is known as the degree of _____.
A. financial leverage B. operating leverage C. total leverage D. combined leverage E. sales leverage
Arnold contracted to sell Bielar an office building for $500,000 . The entire amount according to the contract was to be paid at the closing. Arnold refused to close the deal. Bielar sued Arnold. To what relief is Bielar entitled?
a. Punitive damages b. Injunction c. Specific performance d. Rescission