A noncompensatory share purchase plan is designed to
A) provide additional compensation to key officers and employees within the corporation.
B) obtain more widespread employee ownership of the corporate stock.
C) raise additional capital for the firm.
D) obtain more widespread employee ownership and raise additional capital for the firm.
D
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A company producing which of the following would be most likely to use a time standard for labor?
a. mattresses b. custom-made picture frames c. floral arrangements d. stained-glass windows
Mill's approach to ethics recommended doing that which ________
A) is between two extremes B) brings the greatest happiness for the greatest number C) could become accepted practice D) demonstrates loving your neighbor as yourself
Matching
Column 1 Column 2 1. Bailiff a. A person who records (electronically or stenographically) the testimony that takes place during theopen court proceeding 2. Court clerk b. An individual who is responsiblefor the safety of the judge and fororder within the courtroom 3. Court reporter c. A court employee who assists the court and the judge by filing documents, marking and safeguardingevidence, reviewing documents that are submitted to the judge, and performing other similar tasks 4. Lawyer d. A judicial officer who is appointed by the President and subject to approvalby the Senate 5. Judge e. An individual who is authorized by a state to practice law
Summit Financial Advisors provides accounting and finance assistance to customers in the retail business
Summit has four professionals on staff and an office with six clerical staff. Total compensation, including benefits, for the professional staff run about $731,000 per year, and it normally has about 8,500 billable hours per year. The professional staff keep detailed time sheets organized by client number. The total office and administrative costs for the year are $561,000. Summit allocates office and administrative costs to clients monthly, using a predetermined overhead allocation rate based on billable hours. During July, Summit's professionals spent 41 hours on their client. What is the total amount of cost that Summit will record for the client for the month? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.) A) $3,526 B) $2,706 C) $1,292,000 D) $6,232