Being a small-business owner means that you will never have to take on the role of finance manager, marketing manager or accountant

a. True
b. False
Indicate whether the statement is true or false


False

Business

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Meridian Fashions uses standard costs for their manufacturing division. The allocation base for overhead costs is direct labor hours. From the following data, calculate the fixed overhead cost variance.


A) $36,000 F
B) $36,000 U
C) $8000 F
D) $8000 U

Business

Pilati signed a contract to work as a consulting engineer for the Radtech Company beginning January 1 . When Pilati reported to work on January 1, he was told that the position of consulting engineer had been abolished but that he could have a job in the marketing department. He refused. His contract with the company is discharged because of a(n)

a. anticipatory breach by the Radtech Company. b. material breach by the Radtech Company. c. anticipatory breach by Pilati. d. material breach by Pilati.

Business

Dissolution can be brought about voluntarily by the directors and shareholders of a corporation.

Answer the following statement true (T) or false (F)

Business

Australian immigration policy explicitly discriminates against Asian people

a. True b. False Indicate whether the statement is true or false

Business