If for every valid value of A the value of B is determined by the value of A, then B is functionally dependent on A

Indicate whether the statement is true or false


TRUE
Explanation: For instance, if A is your student ID and B is your last name, then B is functionally dependent on A. In other words, if I know your student ID, I can determine your last name.
CL

Business

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Dividend yield ratio

a. Market price per share b. Net sales c. Average inventory outstanding d. Interest expense, net of tax e. Common dividends per share f. Preferred dividends per share g. Weighted average number of common shares outstanding h. Total stockholders' equity

Business

Which of the following is not a characteristic of a job order costing system?

A) It accumulates cost for each department within the factory. B) It provides a separate record for the cost of each quantity of product that passes through the factory. C) It is best suited for industries that manufactures custom goods. D) Uses only one work in process account.

Business

Contingency fees, once a common method of charging attorney's fees in tort cases, are now illegal under federal law

Indicate whether the statement is true or false

Business

Airon Company recently completed 10,600 units of its single product, consuming 32,000 labor hours that cost the firm $480,000. According to manufacturing specifications, each unit should have required 3 hours of labor time at $15.40 per hour.On the basis of this information, determine Airon's total labor variance.  RateEfficiencyA.$12,720F$3,000FB.$12,720F$3,000UC.$12,800F$3,080FD.$12,800F$3,080UE.$12,800U$3,080U

A. $15,880F B. $15,720F C. $9,720U D. $9,720F E. $15,880U

Business