A durable power of attorney differs from a power of attorney in that the durable power of attorney:
a. is a formal written instrument, whereas the power of attorney may be informal and oral.
b. must follow a standardized form set forth in the federal Uniform Durable Power of Attorney Act.
c. becomes effective upon the principal's subsequent incapacity or the agent's authority is not affected by the principal's subsequent incapacity.
d. is governed by Article 3 of the UCC.
c
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October November December Budgeted S&A Expenses Salary expenses10,000 10,500 11,000 Sales commissions, 5% of sales5,000 5,500 5,300 Insurance expenses2,000 2,000 2,000 Rent2,400 2,400 2,400 Depreciation on equipment1,500 1,500 1,500 Utilities1,100 1,300 1,500 Total operating expenses22,000 23,200 23,700 Schedule of Cash Payments for S&A Expenses Salary Expenses? 10,500 ? 100% of prior month sales commissions5,100 ? ? Insurance Expense2,000 2,000 2,000 Rent? ? 2,400 100% of Prior months utilities expenses1,200 ? ? Total payments foe S&A expenses? ? ? What is the total amount of S&A expenses for the fourth quarter that the company will report on its pro forma income statement?
A. $64,400 B. $23,700 C. $63,900 D. $68,900
At which of the following life cycle stages of a product should a company change its messaging
to promote new uses for the product or service? A) growth B) introduction C) decline D) maturity
Which of the following is not considered a critical infrastructure under the new
exemption to the FOIA after the attacks on the United States of September 11, 2001? a. Education b. Banking c. Health care d. Communications
Tony is an accountant whose clients include U-All Company. If Tony is negligent in his work for U-All, most courts would hold him liable to U-All and
A. any third party. B. no third party. C. third parties who are foreseen users of the work. D. third parties who are reasonably foreseeable users of the work.