An offeree can forestall a revocation by using a(n) ________
A) attachment
B) garnishment
C) option
D) enforceable contract
C
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An ownership interest of greater than 50 percent is required for an investor to have accounting control over an investee
Indicate whether the statement is true or false
On June 1, Apex Co issued a $30,000, 8%, 120-day note payable to Jones Co Assume the fiscal year of Apex Co ends June 30 . What is the amount of interest expense recognized by Apex in the current year?
a. $750.00 b. $166.67 c. $333.33 d. $200.00
Colorado Springs Ltd. produces and sells bottled water. The company's controller has the following information available from the static budget of one of the product lines for the month of April: Estimated production 20,000 units Direct material per unit 2 ounces Direct material cost per unit $.15 per ounce Actual production during April was 18,000 units and actual direct materials cost was
$6,300. If the company prepares a flexible budget for April, the projected direct materials cost would be: A) $7,000 B) $6,300 C) $5,400 D) $6,000
A manager who persuades employees to accept pay cuts because of low profits but fails to reveal executive bonuses is demonstrating ethical behavior
Indicate whether the statement is true or false