Interest payments are
A. the periodic payments on equity securities.
B. the periodic payments on debt securities.
C. tax-free payments from insurance companies.
D. taxable Social Security payments.
Answer: B
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Miguez Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or RateStandard Cost Per UnitDirect materials 2.3liters$7.00per liter$16.10 Direct labor 0.7hours$22.00per hour$15.40 Variable overhead 0.7hours$2.00per hour$1.40 The company budgeted for production of 2,600 units in September, but actual production was 2,500 units. The company used 5,440 liters of direct material and 1,680 direct labor-hours to produce this output. The company purchased 5,800 liters of the direct material at $7.20 per liter. The actual direct labor rate was $24.10 per hour and the actual variable overhead rate was $1.90 per hour.The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed
when the materials are purchased.The variable overhead rate variance for September is: A. $175 F B. $168 F C. $168 U D. $175 U
Clarion Inc issues numerous discount coupons throughout the year. A balance in the Estimated Liability for Coupon Redemption
a. indicates an error had been made in posting. b. should equal the same amount of coupons redeemed. c. is the amount of outstanding coupons it expects to be redeemed. d. indicates that more coupons were redeemed than estimated.
In _______________________ arbitration, the arbitrator is not constrained to choose either the management or union's offer(s); rather she can make up whatever final contract terms she deems appropriate and fair.
A. Conventional B. Issue-by-issue final offer C. Whole package final offer D. Mediation
Identify a defining characteristic of a traditional work environment.
A. Jobs require broad skills and knowledge. B. Most information is freely shared at all levels of the organization. C. Rewards are based on individual and team performance. D. Managers primarily determine "best methods" related to work processes. E. Measured risk taking is encouraged and supported.