Civil law systems are found in areas besides Europe
a. True
b. False
Indicate whether the statement is true or false
True
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Under a job order cost system of accounting, the entry to distribute payroll to the appropriate accounts would be:
a. Debit-Payroll Credit-Wages Payable b. Debit-Work in Process Debit-Factory Overhead Debit-Selling and Administrative Expense Credit-Payroll c. Debit-Work in Process Debit-Finished Goods Debit-Cost of Goods Sold Credit-Payroll d. Debit-Work in Process Debit-Factory Overhead Debit-Selling and Administrative Expense Credit-Wages Payable
North Construction had $850 million of sales last year, and it had $425 million of fixed assets that were used at only 60% of capacity. What is the maximum sales growth rate North could achieve before it had to increase its fixed assets?
A. 54.30% B. 57.16% C. 60.17% D. 63.33% E. 66.67%
Olaf, an executive with Pharma Product Distribution, Inc, has to decide whether to market a product that might have undesirable side effects for a small percentage of users. How should Olaf decide whether to sell the product? How does the standard of ethics that is applied affect this answer?
An agreement is not binding when:
A) one party makes a mistake regarding a material fact but the mistake is unknown to the other contracting party B) both parties make a mistake regarding a material fact. C) one party makes a mistake of law. D) both parties make a mistake in judgment.