The Federal National Mortgage Corporation recommends than your housing expenses not exceed what percentage of your gross monthly income?
A)
16 percent
B)
28 percent
C)
40 percent
D)
52 percent
B
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A cash flow per share amount should be reported on the statement of cash flows
a. True b. False Indicate whether the statement is true or false
___________ requires every public company to have a code of ethics to help deter wrongdoing
a. The Glass Steagall legislation b. The Sarbanes-Oxley legislation c. The Securities Act d. Generally Accepted Auditing Standards
The _________ provides the most direct means of calculating unit costs for a job
A) job order cost card B) Finished Goods Inventory account C) general ledger D) Materials Inventory account
Which of the following is an example of a fixed cost?
a. Depreciation expense computed on the units-of-production basis. b. Electricity used to power the machines. c. Plant manager's salary. d. Supplies and small tools expense.