Robert lives in San Francisco. He is responsible for a small team in his office there. Robert is also responsible for at least five other teams across Asia and the Pacific at any particular time, usually in places such as Japan, Korea, and Australia. He also usually travels overseas one week each month. Occasionally, Robert’s family will accompany him on these trips. The rest of his time is spent in San Francisco. Robert is considered ______.
a. an expatriate
b. a global domestic
c. a global businessman
d. a universalist
b. a global domestic
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Indicate whether the statement is true or false
Which of the following would NOT be included in a producer's total fixed cost?
A. component parts B. rent C. depreciation D. insurance E. property taxes
Carradine Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $105,000, variable manufacturing overhead of $3.00 per machine-hour, and 70,000 machine-hours. The company recently completed Job P233 which required 60 machine-hours. The amount of overhead applied to Job P233 is closest to:
A. $450 B. $270 C. $180 D. $90
This month's bank statement includes a check from a customer that was marked NSF. How would this item be treated on the bank reconciliation?
A. It would be deducted from the bank balance. B. It would be deducted from the book balance. C. It would be added to the bank balance. D. It would be added to the book balance.