An agency coupled with an interest is revocable without the consent of the agent.
Answer the following statement true (T) or false (F)
False
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A physical flow schedule is:
a. the same as an equivalent units schedule. b. used to determine the equivalent units transferred to the next department. c. used to determine the physical units transferred to the next department and units in work in process. d. used to determine physical units in beginning work in process for the period. e. rarely used under process costing.
The power of judicial review gives the courts the right to review legislative enactments andto determine if any law is inconsistent with the Constitution
a. True b. False
During the month of February, Victor Services had cash receipts of $8100 and cash disbursements of $9800. The February 28 cash balance was $3000. What was the February 1 beginning cash balance?
A. $1700. B. $1300. C. $4700. D. $7300. E. $0.
Which of the following statements about retirement benefits under pension plans is true?
A) Under a flat percentage of annual earnings defined benefit formula, each employee receives the same dollar benefit. B) A benefit using final pay is usually based on an employee's earnings during the last month of plan participation. C) A unit-benefit formula considers both earnings and years of service. D) Past service benefits are the result of bonuses and overtime pay during the period an employee participated in the plan.