Clarissa trademarked her new company Samjack after her two sons Sam and Jack. This would be considered a fanciful trademark
Indicate whether the statement is true or false
True
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For the revenue cycle, state two specific independent verifications that should be performed
Torello Corporation manufactures two products: Product H95V and Product V93N. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products H95V and V93N.Activity Cost PoolActivity MeasureTotal CostTotal ActivityMachiningMachine-hours$242,00011,000MHsMachine setupsNumber of setups$140,000350setupsProduct designNumber of products$70,0002productsOrder sizeDirect labor-hours$270,00010,000DLHsActivity MeasureProduct H95VProduct V93NMachine-hours6,0005,000Number of setups250100Number of products11Direct labor-hours6,0004,000Using the plantwide overhead
rate, how much manufacturing overhead cost would be allocated to Product V93N? A. $429,000 B. $288,800 C. $433,200 D. $361,000
It is difficult to use low frequencies for unguided radio
transmission of data because the antenna dishes would have to be extremely large. Indicate whether the statement is true or false
Which of the following is the purpose of Television Report?
A) to communicate the what, the when, the where, the how and the why of an event to its audience B) to report how much money you had in your account at the beginning of the month, the amounts that you deposited or withdrew during the month, bank charges, and how much you have now C) to tell shareholders how well the corporation did in the previous year and what to expect for the next year D) none of the above