People with a high degree of optimism typically view events in their daily lives as
a. negative.
b. boring.
c. positive.
d. none of these choices.
C
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The Modified Accelerated Cost Recovery System method of depreciation subtracts salvage value before calculating the annual depreciation expense
a. True b. False Indicate whether the statement is true or false
Which of the following statements is false? Debt financing typically has a higher cost than equity financing
A) Debt may be the only available source of funds to a company. B) Debt financing typically has a higher cost than equity financing. C) Debt financing offers an income tax advantage. D) Debt does not dilute ownership interests.
Marshall Company uses a standard cost system. Variable overhead costs are allocated based on direct labor hours. In the first quarter, Marshall had a favorable efficiency variance for variable overhead costs. Which of the following scenarios is a reasonable explanation for this variance?
A) The actual number of direct labor hours was lower than the budgeted hours. B) The actual variable overhead costs were higher than the budgeted costs. C) The actual variable overhead costs were lower than the budgeted costs. D) The actual number of direct labor hours was higher than the budgeted hours.
Discuss "receiving stolen property" as a crime.
What will be an ideal response?