The three assumptions necessary for a linear programming model to be appropriate include all of the following EXCEPT
a. proportionality.
b. additivity.
c. divisibility.
d. normality.
d. normality.
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Indicate whether each of the following statements is true or false.Cost accumulation refers to identifying whether a particular cost is fixed or variable. Cost objects may be departments, sales territories, or individual products. Cost accumulation is not useful in a service-type business. An allocation rate has a cause-and-effect relationship with a cost object. Timeliness of managerial accounting information is more important than its precision.
What will be an ideal response?
Describe the concept of a pay structure, including broadbanding and delayering.
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Pursuant to the doctrine of separation of powers, the U.S. president is responsible for ensuring that the laws are faithfully ________
A) created B) interpreted C) executed D) amended
Greg, a 40 percent partner in GSS Partnership, contributed land to the partnership in exchange for his partnership interest when the partnership was formed. At the time, his basis in the land was $30,000 and its FMV was $133,000. Three years after the partnership was formed, GSS Partnership decided to sell the land to an unrelated party for $150,000. When the land is sold, how much of the gain should be allocated to each partner of GSS Partnership if Sam and Steve are each 30 percent partners?
What will be an ideal response?