The Clayton Act weakened the Sherman Act by eliminating illegal acts that had previously been prohibited

a. True
b. False
Indicate whether the statement is true or false


False

Business

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Explaining your reasons and building interest before asking for a decision or action is an example of what?

A) An indirect approach to persuasive messages B) An attempt to understand the psychographics of the audience C) An attempt to understand what motivates the audience D) A direct approach to persuasive messages E) An attempt at audience analysis

Business

What is Total Quality Management (TQM)?

A) a philosophy of supplying customers with superior products and services B) an exchange of information with suppliers and customers to create efficient and effective processes C) a software system that integrates a company's functions, departments, and data into a single system D) a system that speeds the transformation of raw materials into finished products

Business

A manufacturing company applies overhead based on direct labor hours. At the beginning of the year, it estimated that overhead costs would be $720,000 and direct labor hours would be 90,000 . Actual overhead costs incurred were $754,400, and actual direct labor hours were 92,000 . The entry to assign overhead costs during the year would be

a. Overhead 720,000 Cash 720,000 b. WIP Inventory 736,000 Overhead 736,000 c. Cash 754,400 Overhead 754,400 d. Overhead 754,400 WIP Inventory 754,400

Business

Stock categorized as trading securities is purchased for $52,000. At year end, when the market value of the stock is $61,000, the balance of the Short-Term Investments account appearing on the balance sheet will be

A) $9,000 B) $52,000 C) $61,000 D) none of these

Business