The unfavorable volume variance may be due to all but the following factors:
A) failure to maintain an even flow of work
B) machine breakdowns
C) unexpected increases in the cost of utilities
D) failure to obtain enough sales orders
C
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The statutory tax rate differs from a firm's average tax rate due to which of the following reasons
a. the statutory tax rate is a marginal tax rate. b. some expenses are included in book income but do not enter into taxable income. c. the average tax rate is for a period of three years. d. the statutory tax rate does not effect GAAP measures of revenues and expenses.
The ________ index is a useful tool for making preference decisions
a. preferential b. taxing c. discounting d. profitability
A transaction involving real estate whereby one party deposits a deed or money with a third party who holds the deed or funds until the happening of an agreed upon event is called:
a. adverse possession. b. escrow. c. foreclosure. d. abstract of title.
When considering the sequence of activities, what considerations should be addressed?
What will be an ideal response?