A corporate officer may sometimes be found liable even when the officer had no actual knowledge of, or control over, the activities in question.
Answer the following statement true (T) or false (F)
True
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Assume that the S&P 500 composite stock index closes at 2,000. This means that
A) the average stock in the index is selling for $20.00. B) an investor would have to pay $2,000 to purchase one share of each of the stocks represented in the index. C) The average value of a company reflected in the Index has doubled from when the Index was at 1000. D) the share prices of the stocks in the index have risen 20 times since the 1941-1943 base period.
All of the following would be paid under the PAP's Other than Collision coverage except:
A) the car skids out of control due to ice on the road, and hits a tree B) the driver of the car hits a bunny rabbit, loses control of the car, and runs into a ditch C) the windshield gets broken, and there is no known outside cause for the damage D) the car is damaged by a fire the insured negligently started while shooting off fireworks on the 4th of July
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
The _________ to an IDS enables a user to view output from the system or control the behavior of the system
What will be an ideal response?