Sports Commissions Cathy with a local sports commission in Minnesota was calculating visitor spending in local hotels and at food and beverage establishments. What was she calculating?
a. luxury taxes
b. economic impact
c. taxes
d. none of these
b. economic impact
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The variance from standard for factory overhead resulting from incurring a total amount of factory overhead cost that is greater or less than the amount budgeted for the level of operations achieved is termed controllable variance
Indicate whether the statement is true or false
Which of the following statements concerning internal controls is true?
A. The control procedure, segregation of duties, prohibits the employment of a husband and wife or other closely related parties within the same company. B. Internal accounting controls are limited to the policies and procedures used to protect the company from embezzlement. C. Strong internal controls provide reasonable assurance that the objectives of a company will be accomplished. D. Internal administrative controls are designed to limit the amount of funds spent on investments.
Pursuant to federal law, states have the same rules in place in regard to implied contracts of employment
a. True b. False Indicate whether the statement is true or false
"Risk aversion" implies that investors require higher expected returns on riskier than on less risky securities.
Answer the following statement true (T) or false (F)