In which political tradition does the high-involvement approach work better?
a. Republican
b. autocratic
c. Libertarian
*d. Democratic
*d. Democratic
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Which of the following principals require an exchange transaction to be reported as significant noncash transaction either in a separate schedule or in a footnote to the financial statements?
a. Conservatism b. Economic entity c. Matching d. Full disclosure
What is theory of moral minimum in social responsibility for businesses?
What will be an ideal response?
Lionaire, Inc. has developed the following standard cost data based on 60,000 direct labor hours, which is 75% of capacity.?Per UnitDirect materials (6 lbs. @ $2.00/lb.)$12.00Direct labor (1 hrs. @ $8.00/hr.)8.00During the last period, the company operated at 80% of capacity and produced 128,000 units. Actual costs were:Direct materials (760,000 lbs.)$1,558,000Direct labor (126,000 hrs.)1,014,300Determine the direct materials price and quantity variances and the direct labor rate and efficiency variances. Indicate whether each variance is favorable or unfavorable.Direct materials:? Price variance Quantity variance ? Direct labor:? Rate variance Efficiency variance
What will be an ideal response?
Juanita paid a life insurer $45,000 in exchange for an immediate life annuity. Juanita will receive $500 per month from the insurer, and her life expectancy is 15 years (180 months). What is the exclusion ratio in this case?
A) 33.33 percent B) 40.00 percent C) 50.00 percent D) 66.67 percent