Mother conveyed her lakefront property to her daughter, Ellen, for life and then to Ellen's children, but if Ellen had no children, to Mark. Mark has a contingent remainder
a. True
b. False
Indicate whether the statement is true or false
True
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Careful planning, measurement and feedback can often achieve ______ change.
a. reactive b. proactive c. incremental d. discontinuous
In queuing theory, ______ means that the number of customers or objects in a waiting line system is the same as the number of customers or objects leaving the system—the arrival rate is equal to the service rate.
a. equilibrium b. steady state c. FIFO state d. stable state
Provenzano Corporation manufactures two products: Product B56Z and Product D32N. The company is considering implementing an activity-based costing (ABC) system that allocates its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products B56Z and D32N.Activity Cost PoolActivity MeasureTotal CostTotal ActivityMachiningMachine-hours$330,00015,000MHsMachine setupsNumber of setups$50,000100setupsProduct designNumber of products$88,0002productsOrder sizeDirect labor-hours 280,00010,000DLHsActivity MeasureProduct B56ZProduct D32NMachine-hours6,0009,000Number of setups8020Number of products11Direct labor-hours6,0004,000What is the activity rate for the Machine Setups activity cost pool?
A. $3.33 per setup B. $2,500.00 per setup C. $500.00 per setup D. $625.00 per setup
Which of the following is not a function of the Food and Drug Administration?
a. inspections of food and drug producing establishments b. drug evaluation studies c. food additives studies d. study of veterinary products e. all of the other choices are functions of the FDA