Debit & Credit Financing, Inc, and Equity Lending Company are secured parties with security interests in property owned by Fleet Shipping Corporation. Priority between these security interests is generally determined by
A) the amount of the claim
B) the custom in the trade.
C) the time of perfection or attachment.
D) the "float" of the liens.
C
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A(n) ________ is a document that two or more persons must execute and sign that makes a limited partnership legal and binding.
A. certificate of limited partnership B. articles of partnership (limited) C. registration of intent to partner (limited) D. limited partner mutual assent document
The business decisions made by the human resources department include potential customer data, sales report data, commission data, and customer support data.
Answer the following statement true (T) or false (F)
Which of the following statements is true of activity-based costing?
A. ABC uses a single overhead rate. B. Activities are the cost objects of the second stage of ABC. C. ABC ignores the allocation of storage costs. D. An activity cost pool collects costs related to the same activity. E. ABC is more likely to result in big differences from a traditional costing system if the business makes only one product rather than multiple products.
______ is often confused with or mistaken for _____.
a. Innovation/invention b. New product development/organizational change c. Change/innovation d. Invention/managerial change