Research indicates that high-quality brands stretch farther than average-quality brands, although both types of brands have boundaries

Indicate whether the statement is true or false


TRUE

Business

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Use this information to answer the following question. The following totals for the month of September were taken from the payroll register of Meadors Company: Salaries expense $24,000 Social Security and Medicare taxes withheld 1,100 Income taxes withheld 5,000 Medical insurance deductions 500 Life insurance deductions 400 Salaries subject to federal and state unemployment taxes of 6.2 percent

8,000 The journal entry to record the monthly payroll on September 30 would include a A) debit to Salaries Expense for $24,000. B) debit to Salaries Payable for $24,000. C) credit to Salaries Payable for $24,000. D) debit to Salaries Expense for $9,000.

Business

When using the high-low method, the variable component is computed before computing the fixed component

Indicate whether the statement is true or false

Business

The assignment of different tasks to different people or groups in an organization is known as

A. centralization. B. division of labor. C. unity of command. D. integration. E. concentration.

Business

Which of the following promises ordinarily must be fully executed in writing to be enforceable?

a. promises made between two merchants for the sale of goods b. an agreement between two parties to sell a piece of jewelry for $350 c. a six-month lease on an apartment beginning in 30 days d. a promise made by an executor of an estate to pay a debt of the estate

Business