Which of the following is untrue regarding the revocation of a will?
A) There cannot be a partial revocation.
B) An inadvertent destruction of a will acts as a revocation.
C) The execution of a second will does not of itself constitute a revocation of an earlier will.
D) Divorce does not ordinarily revoke a will.
B
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A company choosing between two or more acceptable investment alternatives is called a:
A) profitability decision. B) payback decision. C) screening decision. D) preference decision.
What is the difference between primary and secondary data? Give one example of each
Abadeer Company manufactures ceiling fans and uses an activity-based costing system
Each ceiling fan has 20 separate parts. The direct materials cost is $70, and each ceiling fan requires 4.00 hours of machine time to manufacture. Additional information is as follows: Activity Allocation Base Predetermined Overhead Allocation Rate Materials handling Number of parts $ 0.07 Machining Machine hours 6.20 Assembling Number of parts 0.30 Packaging Number of finished units 3.30 What is the cost of assembling per ceiling fan? (Round any intermediate calculations and your final answer to the nearest cent.) A) $70.00 B) $6.00 C) $24.80 D) $21.00
Brewsky's is a chain of micro-breweries. Managers are interested in the costs of the stores and believe that the costs can be explained in large part by the number of customers patronizing the stores. Monthly data regarding customer visits and costs for the preceding year for one of the stores have been entered into the regression analysis and the analysis is as follows: Average monthly customer visits 1,462 Average monthly total costs$4,629 Regression Results Intercept$1,496 b coefficient$2.08 R2 0.86814 What is the percent of the total variance that can be explained by the regression equation? (CMA adapted)
A. 71.9% B. 86.8% C. 31.6% D. 97.7%