Businesses and trade associations spend very little on lobbying.
Answer the following statement true (T) or false (F)
False
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A bill of materials indicates:
a) what materials are needed to be ordered for the month. b) what materials the production department needs on the factory floor at that specific moment in time. c) what materials are needed to complete the job. d) what materials are needed for the entire year.
Phillip and Dwight have been operating a train store together for two years. After a patron slipped on some water on the floor and was injured, they began to think about their personal liability and decided to change the business form to one that would give them the same ability to pass-through profits and shared ownership and control but with little government interference. They would most likely form a
A. limited-liability company. B. corporation. C. limited partnership D. syndicate.
Activity rates from Mcelderry Corporation's activity-based costing system are listed below. The company uses the activity rates to assign overhead costs to products:Activity Cost PoolsActivity RateProcessing customer orders$49.87per customer orderAssembling products$2.88per assembly hourSetting up batches$18.26per batchLast year, Product Q06J involved 10 customer orders, 580 assembly hours, and 12 batches. How much overhead cost would be assigned to Product Q06J using the activity-based costing system? (Round your intermediate calculations to 2 decimal places.)
A. $2,388.22 B. $71.01 C. $219.12 D. $42,748.02
Corporate social responsibility implies that organizations must behave ethically and be sensitive of social, cultural, economic, and environmental issues
a. True b. False Indicate whether the statement is true or false