The board of Management Consultants, Inc (MCI), can delegate work to?
A) MCI's incorporators
B) MCI's officers.
C) MCI's shareholders.
D) no one.
B
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Happy Corporation leased a building from Sensor Company. The 10-year lease is recorded as a capital lease. The annual payments are $10,000 and the recorded cost of the asset is $67,100 . The straight-line method is used to calculate depreciation. Which of the following statements is true?
a. Depreciation expense of $6,710 will be recorded each year. b. Depreciation expense of $10,000 will be recorded each year. c. No depreciation expense will be recorded by Happy Corporation. d. No interest expense will be recorded by Happy Corporation.
Woodside Company manufactures tables with vinyl tops. The standard material cost for the vinyl used per Style-R table is $7.20 based on 8 square feet of vinyl at a cost of $.90 per square foot. A production run of 1,00 . tables in January resulted in usage of 8,400 square feet of vinyl at a cost of $.85 per square foot, a total cost of $7,055 . The materials quantity variance resulting from the
above production run was: a. $255 favorable. b. $255 unfavorable. c. $360 unfavorable. d. $360 favorable.
The flexible budget variance is the difference between the ________.
A) actual results and the expected results in the flexible budget for the actual units sold B) expected results in the flexible budget for the units expected to be sold and the static budget C) flexible budget and actual amounts due to differences in volumes D) flexible budget and static budget due to differences in fixed costs
Even after the PDA passed, an employer is not required to modify a pregnant employee’s tasks and assignments if ______.
a. the modification would cost the company money b. the modification would place extreme cost and difficulty on the company c. the company already has a healthy employee who can take on the extra duties d. other employees volunteer to help out with the pregnant employee’s duties