Popular reasons to merge include protection, diversification, and survival.

Answer the following statement true (T) or false (F)


True

Business

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Conversion costs are:

A. period costs. B. prime costs. C. direct labor and manufacturing overhead. D. direct material, direct labor, and manufacturing overhead. E. direct material and direct labor.

Business

Only a single line, which represents the difference between total sales revenues and total costs, is plotted on the cost-volume-profit chart

Indicate whether the statement is true or false

Business

Which of the following does not, by itself, subject a corporation to the reporting requirements of

the Securities Exchange Act of 1934? A) Assets of at least $5,000,000 and more than 500 shareholders B) Making a registered offering under the Securities Act of 1933 C) Sales of a least $1,000,000 and more than 1,000 shareholders D) Equity securities are traded on a national exchange

Business

?The accounting and tax departments are the responsibility of the _____.

A. ?treasurer B. ?inventory manager C. ?director of capital budgeting D. ?vice president of finance E. ?controller

Business