The earnings of workers whose services are considered to be indirect labor must be charged directly to the jobs on which they worked
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
In an organization, employees do not need permission to exercise their ______.
A. consent B. goal C. rights D. privileges
Which of the following is a true statement?
a. SFAC No. 5 makes clear that the concepts discussed in the conceptual framework apply to other means of disclosure in addition to financial statements. b. SFAC No. 5 appears to deny one of the main tenets of the efficient markets hypothesis, that disclosure outside of the body of financial statements is as effective as disclosure within statements themselves. c. SFAC No. 5 made a clear attempt to resolve the issues of recognition and measurement. d. SFAC No. 5 was successful because it addressed measurement prior to discussing recognition.
Which of the following statements is FALSE? Deceit
A) is civil fraud B) an intentional or unintentional lie that causes financial losses C) usually results in pecuniary damages D) can result in punitive damages E) often is dealt with under contract law principles for misrepresentation
The manufacturer of Rubberware agrees to sell the distributor 1,000 boxes of 2-quart bowls only if he agrees to resell to the retailer at cost plus $1.10 per bowl and the retailer must agree to sell at no less than his cost plus. 50 per bowl. This is:
a. horizontal price fixing. b. vertical price fixing. c. vertical market allocation. d. a group boycott.