Fixed factory overhead costs include:

a. Property taxes.
b. Plant manager's salary.
c. Factory insurance.
d. All of these are correct.


d

Business

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Which of the following is not covered by the HO-3 Form?

A) Additional living expense and rental value B) Death (loss) of domestic animals C) Personal liability defense costs D) Loss of trees, shrubs and other plants

Business

Seventy percent of the students applying to a university are accepted. What is the probability that among the next 18 applicants,

a. at least 6 will be accepted? b. exactly 10 will be accepted? c. exactly 5 will be rejected? d. fifteen or more will be accepted? e. Determine the expected number of acceptances. f. Compute the standard deviation.

Business

An employee can exclude from gross income the value of meals provided by his or her employer whenever:

a. The meal is not extravagant. b. The meals are provided on the employer's premises for the employer's convenience. c. There are no places to eat near the work location. d. The meals are provided for the convenience of the employee. e. None of these.

Business

Compared to sole proprietorships, an advantage of partnerships is their ability to obtain more financial resources.

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

Business