A policy that is "free of particular average" is one that will not cover any partial and average losses
Indicate whether the statement is true or false
True
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If SanDisk demonstrates the benefits of using its flash memory storage/USBs for data storage in addition to music storage as a way to encourage its current customers to buy more of its existing product offering,
it is using a diversification strategy.
The departmental responsibilities of the payroll function include all of the following except:
a. Reviewing the labor hours on the time record for accuracy. b. Summarizing the period's payroll data. c. Keeping a record of earnings for each employee. d. Computing deductions and withholdings for each employee.
Pan Corporation owns 65 percent of Sauce Corporation's voting shares. On January 1, 20X3, Pan Corporation sold $300,000 par value 7 percent bonds to Sauce when the market interest rate was 4 percent. The bonds mature in 15 years and pay interest semiannually on June 30 and December 31.Based on the information given above, what amount of investment in bonds will be eliminated in the preparation of the 20X3 consolidated financial statements?
A. $400,784 B. $300,000 C. $395,766 D. $257,248
Standard costs are determined by multiplying expected price by expected quantity
Indicate whether the statement is true or false