Knowledge of food and eating habits often provides insights into customs and cultures.
Answer the following statement true (T) or false (F)
True
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Applied overhead of a company exceeds actual overhead when the
A) Overhead account has a credit balance. B) journal entry to account for the difference involves a debit to Cost of Goods Sold. C) Overhead account has a debit balance. D) company has overspent in the overhead cost area.
Answer the following statements true (T) or false (F)
1. The Sherman Antitrust Act of 1890 was often used against unions by treating them as a monopoly when they tried to exert pressure on an employer using tactics such as boycotts and strikes. 2. During the early 1900's, unions were viewed by the law as voluntary organizations of individuals and, since U.S. law valued individual liberty and freedom above all else, unions and workers were allowed relative freedom to use whatever means they could to protect their wages and working conditions. 3. A key underlying concern regarding the use of the injunction against unions was its limiting influence on free speech. 4. The Norris-LaGuardia Act of 1932 sought to remedy the imbalance between an employer and an individual worker by limiting the role of the courts in labor-management relations. 5. Under the Norris-LaGuardia Act of 1932, courts were explicitly prohibited from interfering with peaceful union activities, yellow dog contracts became unenforceable, and the conspiracy doctrine was effectively overturned.
A floating lien, chattel mortgage, or terminal warehouse receipt have which of the following in
common? A) They are all unsecured forms of financing. B) They have nothing in common. C) They all use inventory to secure a loan. D) They all pledge accounts receivables as security.
2/15 net 45 translates as ________
A) 15 percent cash discount if paid in 2 days, net 45-day credit period B) 45 percent of account due in 15 days, payment prior to day 15 receives a 2 percent discount C) 2 percent cash discount if paid prior to 15 days, if customer does not take a cash discount, the balance is due in 45 days D) 2 percent of the balance is due in 15 days, the remaining balance is due in 45 days