Compared to an employee, an independent contractor is characterized by:
A) Less ability to hire others to assist her.
B) Not being paid as much for the work performed.
C) More freedom to do her work in the manner she determines.
D) A lack of liability for her own actions.
C
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Demographic incidence is the percentage of respondents that qualify for a survey based on screening for things like product use, ailments, or a particular behavior
Indicate whether the statement is true or false
Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $87,000. The machine's useful life is estimated to be 5 years, or 400,000 units of product, with a $7,000 salvage value. During its second year, the machine produces 84,500 units of product. What journal entry would be needed to record the machines' second year depreciation under the units-of-production method?
A. Debit Depreciation Expense $16,900; credit Accumulated Depreciation $16,900. B. Debit Depletion Expense $16,900; credit Accumulated Depletion $16,900. C. Debit Depletion Expense $16,000; credit Accumulated Depletion $16,000. D. Debit Depreciation Expense $16,000; credit Accumulated Depreciation $16,000. E. Debit Amortization Expense $16,900; credit Accumulated Amortization $16,900.
During the period, labor costs incurred on account amounted to $250,000 including $200,000 for production orders and $50,000 for general factory use. In addition, factory overhead applied to production was $23,000. From the following, select the entry to record the actual factory overhead costs incurred
A) Accounts Payable 50,000Factory Overhead 50,000 B) Factory Overhead 23,000Accounts Payable 23,000 C) Work in Process 50,000Wages Payable 50,000 D) Factory Overhead 50,000Wages Payable 50,000
The essence of this type of story captures the attention of the investor; provides a specific user scenario that is compelling; outlines the customer’s current negative outcome; creates tension; shows the solution to relieve the tension. What is this story called?
a. The business story b. The opportunity story c. The springboard story d. The Zen story