Respond to this statement, "If you wish to make a donation of your body parts for transplant surgery it is important to include this instruction in your will."
A will would be too late. By the time the executor has started the probate process the utility of a person's body has passed. A last letter of instructions is more useful. Many states provide for this type of donation authorization on a persons driver's license.
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Which of the following is not true regarding the testing of transactions in the stockholders' equity accounts?
a. The transactions are typically tested on a 100% basis. b. The transactions are typically tested on a sampling basis. c. The number of transactions is typically small. d. Most of these transactions are highly material.
Gregorich Incorporated makes a single product-a critical part used in commercial airline seats. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Budgeted fixed manufacturing overhead$294,490 Budgeted production (a) 35,000unitsStandard hours per unit (b) 1.40machine-hoursBudgeted hours (a) × (b) 49,000machine-hours Actual production (a) 30,000unitsStandard hours per unit (b) 1.40machine-hoursStandard hours allowed for the actual production (a) × (b) 42,000machine-hours Actual fixed manufacturing overhead$314,490 Actual hours 40,600machine-hoursThe fixed overhead budget variance is:
A. $62,070 U B. $20,000 F C. $62,070 F D. $20,000 U
Hin Yip promotes the belief that issues such as environmental protection, youth employment, and employee retraining are ______ when companies partner with government and social services.
a. improved b. unaffected c. curtailed d. often eliminated
At Fox Furniture, employees are classified according to job title for workers' compensation insurance premium computation purposes.
a. Based on the following payroll estimates as of January 1, what is the estimated workers' compensation insurance premium for the year 20XX? b. The actual payroll for 20XX is listed below. What is the workers' compensation premium based on the actual payroll? c. What is the difference between the actual and the estimated premiums?