The direct labor rate variance is the difference between the standard hours allowed and the actual hours multiplied by the actual labor rate

Indicate whether the statement is true or false


False

Business

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Whose work stressed the importance of product and market selection in strategy?

a. Ohmae (1982) b. Kim and Mauborgne (2004 and 2005) c. Mintzberg (2005) d. Ohmae (1982) and Kim and Mauborgne (2004 and 2005)

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Deutsche Werke, GmbH., a German firm, is harmed by a price-fixing scheme engineered by Collider Industries, S.A., an international cartel. The European Union is most likely to

a. do nothing. b. actively pursue Collider and impose criminal penalties. c. actively pursue Collider and impose civil penalties. d. contact Collider and issue a reprimand but impose no penalties.

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Discrimination in terms or conditions of employment because of age is prohibited under:

a. criminal laws. b. employment laws. c. human rights laws. d. the law of torts.

Business

Canada giving effect to the laws and court decisions of the United States is an application of

A. the act of state doctrine. B. the doctrine of sovereign immunity. C. the principle of comity. D. the World Trade Organization.

Business