Ralph Regier, a homeowner in the Shady Rest subdivision, has not paid his association fees in six months. The board of directors has revoked his power to vote for the board members at the upcoming annual election. Discuss this enforcement tool and any others the association might have
?The association can revoke the power to vote, or it may simply be a requirement for voting that all fees be current. Such a power is fairly universal. The homeowners association may also have the power to bring suit to collect back fees. The power to foreclose for non-payment of fees is generally very limited. What the HOA can do is a matter of what is spelled out in the articles and CC&Rs.
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Single-celled paramecia as well as the cells that line our respiratory tract have these short hairlike projections:
A. centrioles B. cilia C. flagella D. microfilaments E. pili
Under normal circumstances, a purchasing manager who buys poor quality materials because they were cheaper could potentially be responsible for causing all of the following variances except a(n):
a. Favorable purchase price variance. b. Unfavorable materials quantity variance. c. Unfavorable purchase price variance. d. Unfavorable labor efficiency variance.
Why would a country with a diverse population constitute a better market than a less diverse
country, assuming that their population size and wealth were similar? A) The number of segments available in the diverse country is greater. B) The country with a diverse population would have a larger upscale potential. C) A lack of diversity would eventually lead to a greater number of competitors in the market. D) The population growth in a country with diverse population is always greater.
Steuben Company produces dog houses. During the current year, Steuben Company incurred the following costs: Rent on manufacturing facility$250,000 Office manager's salary 150,000 Wages of factory machine operators 110,000 Depreciation on manufacturing equipment 50,000 Insurance and taxes on selling and administrative offices 30,000 Direct materials purchased and used 170,000 Wages paid to factory machine operators in producing the dog houses should be categorized as a:
A. period cost and recorded in the inventory account B. product cost and recorded on the income statement C. period cost and recorded on the income statement D. product cost and recorded in the inventory account