Whenever ______ are sold by a company, they pay out interest payments to the purchaser, and the amount of the sale is shown as a liability on the balance sheet.
a. stocks
b. short-term loans
c. bonds
d. capital assets
c. bonds
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Which of the following statements regarding negotiation with Japanese people is incorrect?
a. A business meeting should be arranged by an intermediary who has a relationship with both parties. b. In Japan, social meetings are very important to building a relationship of trust and friendship. c. Completing a deal quickly is important to the Japanese. d. The Japanese use subtle and complex verbal and nonverbal cues.
Under servant leadership, followers may become servant leaders themselves. This is an example of what?
A. organizational performance B. leadership duplication C. follower performance and growth D. societal impact
Lewis Marine Company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor Lewis 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: 4 pounds per unit; $6 per pound Direct labor: 4 hours per unit; $17 per hour During the first quarter, Lewis produced 4,000 units of this product. Actual direct materials and direct labor costs were $66,000 and $328,000, respectively. For the purpose of preparing the flexible budget, what is the total standard direct labor cost at a production volume of 4,000 units? A) $68,000 B) $66,000 C) $272,000 D) $328,000
A provision excusing one party from liability for negligence is
a. an exculpatory clause. b. a revocation clause. c. a disaffirmatory clause. d. forbearance.