Comprehensive income is the increase in net assets resulting from all transactions occurring during an accounting period except stockholders' investments and dividends
a. True
b. False
Indicate whether the statement is true or false
True
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Cost-volume-profit analysis is not appropriate for service businesses
Indicate whether the statement is true or false
Data concerning three of the activity cost pools of Brevo LLC, a legal firm, have been provided below:Activity Cost PoolsEstimated Overhead CostExpected ActivityResearching legal issues$20,900550research hoursMeeting with clients$154,7911,053meeting hoursPreparing documents$90,4005,650documentsThe activity rate for the Meeting With Clients activity cost pool is closest to:
A. $37 per meeting hour B. $154,791 per meeting hour C. $147 per meeting hour D. $68 per meeting hour
All of the following statements about ethical organizations are true, except
A. organizational ethics define what a company is and what it stands for. B. ethics provide a common frame of reference that serves as a unifying force. C. ethical values shape the search for opportunities. D. the potential benefits of an ethical organization are few but direct.
When employees strike to force an employer to accept a union as their bargaining agent, it is called a ____________________ strike.
A. economic B. unfair labor practice C. wildcat D. recognition