Which of the following have been found to be relatively universal values?
a. Individuality and Individual dignity
b. Personal achievement and performance
c. Fairness and honesty
d. Desire for recognition and rewards
c. Fairness and honesty
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Which of the following would notbe found in a schedule of noncash investing and financing activities, reported atthe end of a statement of cash flows?
a. equipment acquired in exchange for a note payable b. bonds payable exchanged for capital stock c. purchase of treasury stock d. capital stock issued to acquire fixed assets
A brand with high equity has all of the following EXCEPT:
a. High brand loyalty b. Favorable attitude c. Deep relationship with consumers d. Only the allegiance from its loyal customers
Descamps Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours.InputsStandard Quantity or Hours per Unit of OutputStandard Price or RateVariable manufacturing overhead0.20 hours$6.10 per hourThe company has reported the following actual results for the product for July: Actual output 4,200unitsActual direct labor-hours 780hoursActual variable overhead rate$6.20per hourThe variable overhead rate variance for the month is closest to:
A. $78 F B. $78 U C. $84 F D. $84 U
What is the days' payable outstanding ratio? What is it used for?
What will be an ideal response?