The less-risky investment is always the more desirable choice
Indicate whether the statement is true or false
FALSE
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The euro shows a forward discount against the dollar (the forward rate is less than the spot rate) when interest rates in Europe are lower than those in the United States.
a. True b. False
Federal judges of the U.S. district courts are appointed for 14-year terms
Indicate whether the statement is true or false
Western Company allocates $10 overhead to products based on the number of machine hours used. The company uses a plantwide overhead rate with machine hours as the allocation base. Given the amounts below, how many machine hours does the company expect in department 2?Estimated:Department 1Department 2Manufacturing overhead costs$250,000 $150,000 Direct labor hours 8,000DLH 12,000DLHMachine hours 15,000MH ?MH
A. 25,000 MH B. 33,000 MH C. 88,000 MH D. 82,500 MH E. 137,500 MH
The first federation of U.S. labor organizations representing unions from different occupations and industries was:
A. The American Federation of Labor. B. The Congress of Industrial Organizations. C. The Industrial Workers of the World. D. The National Labor Union.