In the Civil Rights Act of 1991, Congress extended Title VII to all U.S. firms operating outside the United States
Indicate whether the statement is true or false
True
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Beans Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $162,000, variable manufacturing overhead of $2.80 per direct labor-hour, and 60,000 direct labor-hours. Recently, Job K818 was completed with the following characteristics:Number of units in the job10Total direct labor-hours50Direct materials$920Direct labor cost$1,400The total job cost for Job K818 is closest to: (Round your intermediate calculations to 2 decimal places.)
A. $2,320 B. $2,595 C. $1,195 D. $1,675
A challenge during the support phase of a system's life cycle is _____.
A. complying with changing business needs B. converting operations from an old system to a new system C. integrating disparate stand-alone information systems D. investigating the feasibility of a new information system
Which of the following is the correct expression for calculating the future value of an investment? (r represents the interest rate and n represents the length of time)
A. Future value = Present value × (1 + r)n B. Future value = Present value + (1 + r)n C. Future value = Present value - (1 + r)n D. Future value = Present value / (1 + r)n E. Future value = Present value / [(1 + r) × n]
Which of the following is NOT an example of an annuity cash flow?
A) Your pay check which is the same every month. B) Your tuition payments which are the same every term. C) The identical payment you make every two years for your share of a lake cabin that you own with other family members. D) These are all annuity cash flows.