Which of the following statements about the Medicare prescription drug benefit is (are) true?
I. Beneficiaries select a prescription drug plan and pay monthly premiums, with the premium reduced or waived for low-income beneficiaries.
II. The benefit provides first-dollar coverage of prescription drugs up to a maximum of $10,000 per year, but no coverage after $10,000.
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: A
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Neither
agree Strongly nor Strongly disagree Disagree disagree Agree agree 1. Sears has poor in-store service 1 2X 3 4 5 2. I like to shop at Sears. 1 2X 3 4 5 The above scale is an example of a ________. A) continuous rating scale B) Stapel scale C) semantic differential scale D) Likert scale
Hardigree Corporation uses a job-order costing system. Beginning balance in Work in Process$36,000(1)Raw materials purchased on account$207,000(2)Direct materials requisitioned for use in production$161,000(3)Indirect materials requisitioned for use in production$42,000(4)Direct labor wages incurred$87,000(5)Indirect labor wages incurred$101,000(6)Depreciation recorded on factory equipment$42,000(7)Additional manufacturing overhead costs incurred$57,000(8)Manufacturing overhead costs applied to jobs$219,000(9)Cost of jobs completed and transferred from Work inProcess to Finished Goods$403,000 The total amount of manufacturing overhead actually incurred was:
A. $219,000 B. $284,000 C. $242,000 D. $200,000
The pricing method that establishes selling prices based on a specified rate of return on the assets employed in the operation is
a. target cost pricing. b. return on assets pricing. c. time and materials pricing. d. gross margin pricing.
Quest Holdings, Inc, orally contracts for a lease of its facilities to Ray to use for his Swamp & Bayou Fishing Camp. Ray pays part of the rent, takes possession, and improves the property for use by his enterprise. The contract is most likely enforceable by
a. Quest Holdings andRay. b. Quest Holdings but not Ray. c. any interested third party, such as a Swamp & Bayou client. d. no one.