________ and their compounds are relative pronouns that relate or refer to persons
a. Who, whom,
b. Which, whichever,
a
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With accumulated production experience and a higher volume of production, companies not only become more efficient but also ________
A) gain economies of scale B) incur higher overhead costs C) create derived demand in the market D) spend more per unit of produced output E) tend to routinely spend less on inputs
The rules of contract law determine whether an agreement between two parties is binding and, thus, an enforceable contract. This is an example of ________ law
A) equity B) procedural C) criminal D) substantive
Overallocated manufacturing overhead occurs when the manufacturing overhead allocated to Work-in-Process Inventory is less than the amount actually incurred
Indicate whether the statement is true or false
Regarding the tax treatment of payments to securities holders, it is true that ________
A) interest and preferred stock dividends are not tax-deductible, while common stock dividends are tax deductible B) interest and preferred stock dividends are tax-deductible, while common stock dividends are not tax-deductible C) common stock dividends and preferred stock dividends are tax-deductible, while interest is not tax-deductible D) common stock dividends and preferred stock dividends are not tax-deductible, while interest is tax-deductible