The name TRANSACTION is so special to SQL Server that no stored procedures will work on a table with that name

Indicate whether the statement is true or false


TRUE

Business

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Pierce Marine Stores Company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor

Pierce uses standard costs to prepare its flexible budget. For the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: Direct materials: 3 pounds per unit; $4 per pound Direct labor: 5 hours per unit; $16 per hour Pierce produced 5,000 units during the quarter. At the end of the quarter, an examination of the labor costs records showed that the company used 30,000 direct labor hours and actual total direct labor costs were $372,000. What is the direct labor efficiency variance? A) $80,000 U B) $80,000 F C) $28,000 F D) $28,000 U

Business

Alpha's beta is 1.06, the present T-bond rate is 6%, and the return on the S & P 500 is 15.25%. What is Alpha's cost of common equity using the CAPM approach?

A) 21.25% B) 15.81% C) 9.25% D) 6.32%

Business

All of the following bank reconciliation items would result in an adjusting entry on the company's books except

a. interest earned. b. deposits in transit. c. fee for collection of note by bank. d. NSF check of customer.

Business

Deborah dreams of owning a pub in the heart of the city she lives in. She wants to have a music band right next to the bar playing her favorite rock ballads. She also has creative ideas for the food on the menu. Since Deborah already has the funds needed to start the pub, which of the following suggestions is most likely to help Deborah realize her dream?

A) ?Deborah should buy a pub that is already established as that will provide her with better chances of implementing her ideas. B) ?Deborah should start from scratch as that will allow her to implement her own concept, decision, and structure. C) ?Deborah should buy a franchise of a well-known pub as that will provide her with more opportunities for creativity. D) ?Deborah should know that starting a small business will mean very high overhead costs.

Business