The doctrine aimed at preventing any branch of government from gaining too much power is:
a. judicial review.
b. federalism.
c. separation of powers.
d. preemption.
c
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Assignment is prohibited when the obligor is agreeing to perform personal services
a. True b. False Indicate whether the statement is true or false
Lueckenhoff Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $497,000, variable manufacturing overhead of $2.40 per direct labor-hour, and 70,000 direct labor-hours. The company has provided the following data concerning Job T498 which was recently completed:Number of units in the job40Total direct labor-hours80Direct materials$ 950Direct labor cost$ 2,720The predetermined overhead rate is closest to:
A. $11.90 per direct labor-hour B. $2.40 per direct labor-hour C. $9.50 per direct labor-hour D. $7.10 per direct labor-hour
If the product fails to meet the terms of its written guarantee, the buyer or lessee can sue for______
a. breach of warranty b. comparative negligence c. contributory negligence d. strict liability
PCAOB inspections of U.S. audit firms operating in China creates challenges because:
A. China requires the PCAOB to come to China to do their inspections B. The SEC has to work through the China Securities Regulatory Commission to facilitate inspections of U.S. audit firms operating in China C. China refuses to cooperate on any level with the SEC D. The SEC requires that U.S. audit firms operating in China transmit all work papers to the U.S. audit firm's headquarters before an inspection can take place