Rejection can occur at the trial stage of the product adoption process. ?

Answer the following statement true (T) or false (F)


True

Business

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For an item to be reported as extraordinary,

a. the dollar amount must exceed $100. b. it must never have occurred before. c. it must relate to a typical activity of the business. d. recurrence in the foreseeable future must be unlikely.

Business

The union at Westinghouse Machine Tools has been successfully representing the employees of the 110-year old company. Recently, one of the employees petitioned against the union, claiming that she and a few other employees were ignored in the union meetings and that they were discriminated against because they were African American. Which section of the NLRA did the union violate in this case??

A) ?Section 9(c)(3) B) Section 8(b)(3)? C) Section 8(b)(1)(A )? D) Section 2(11)

Business

Review Green and Brown, LLP’s audit documentation guidelines and explain why an audit firm would want to include each of the listed items in its audit documentation.

What will be an ideal response?

Business

Two firms, A and B, both produce widgets. The price of widgets is $1 each. Firm A has total fixed costs of $500,000 and variable costs of 50¢ per widget. Firm B has total fixed costs of $240,000 and variable costs of 75¢ per widget. The corporate tax rate is 40%. If the economy is strong, each firm will sell 1,200,000 widgets. If the economy enters a recession, each firm will sell 1,100,000 widgets. If the economy is strong, the after-tax profit of Firm A will be

A. $0. B. $6,000. C. $36,000. D. -$60,000.

Business