The exclusionary rule is controversial because it tends to benefit guilty parties by suppressing evidence that is often instrumental in convicting them.
Answer the following statement true (T) or false (F)
True
Ultimately the exclusionary rule is justified by its proponents on the basis that it acts as a deterrent to violations of the Constitution by government authorities.
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When a company's district managers submitted their preliminary budget proposals, top management discovered that the southern district manager had requested a new project management information system. Unfortunately, the system is incompatible with the system used at headquarters. Which of the following advantages of budgeting reduces the likelihood that the company will end up with two incompatible systems?
A. Performance measurement B. Coordination C. Planning D. Corrective measures
Which of the following statements is false regarding a credit memorandum?
a. A credit memorandum is added to the balance per the company's books b. A credit memorandum could be issued for interest earned on checking balances c. A credit memorandum is issued when the bank collects a note for the customer. d. A credit memorandum is subtracted from the balance per the company's books.
Money objections do not include economic excuses.
Answer the following statement true (T) or false (F)
A company has two products: A and B. It uses activity-based costing and has prepared the following analysis showing budgeted cost and activity for each of its three activity cost pools: Budgeted ActivityActivity Cost PoolBudgeted CostProduct AProduct BActivity 1$87,000 3,000 2,800 Activity 2$62,000 4,500 5,500 Activity 3$93,000 2,500 5,250 Annual production and sales level of Product A is 34,300 units, and the annual production and sales level of Product B is 69,550 units. What is the approximate overhead cost per unit of Product B under activity-based costing?
A. $15.00 B. $2.33 C. $2.00 D. $3.00 E. $10.28