The terms group and team are often used interchangeably; however, a team has a clear identity and exhibits _________ once it is in the performing stage. A. comprehension B. passion C. commitment
Fill in the blank(s) with correct word
commitment
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With the periodic inventory system, the inventory account is updated after each sale or purchase
a. True b. False Indicate whether the statement is true or false
The Sarbanes-Oxley Act of 2002 does not require any certification from a public company's chief executive officer about the company's system of internal control
Indicate whether the statement is true or false
Far Trade Company and Global Shipping. Inc., have their dispute resolved in arbitration. The arbitrator meets with Far's representative to discuss the dispute outside the presence of Global's representative, before determining the award. If this meeting substantially prejudiced Global's rights, a court will most likely
A. do nothing. B. review the merits of the dispute. C. review the sufficiency of the evidence. D. set aside the award.
Doogan Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or RateDirect materials 7.4grams$2.00per gramDirect labor 0.5hours$20.00per hourVariable overhead 0.5hours$7.00per hour?The company produced 5,200 units in January using 39,310 grams of direct material and 2,380 direct labor-hours. During the month, the company purchased 44,400 grams of the direct material at $1.70 per gram. The actual direct labor rate was $19.30 per hour and the actual variable overhead rate was $6.80 per hour.?The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.?The materials price variance for January is:
A. $13,320 F B. $13,320 U C. $11,544 U D. $11,544 F