If you create a new statute, you can register a copyright for it
a. True
b. False
Indicate whether the statement is true or false
True
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A stakeholder-performance scorecard tracks the satisfaction with the company and its products and services among such entities as suppliers, banks, and stockholders
Indicate whether the statement is true or false
Which of the following pension-related definitions is not correct?
A) Vested benefits are payments that are not contingent on the employee's continuing in the service of the employer. B) Present value is the current worth of an amount or amounts payable or receivable in the future. C) Actuarial assumptions are those made by actuaries concerning future events affecting pension costs. D) Service cost is the amount paid annually to a funding agency under an unfunded pension plan.
What is the essential difference between a call option and a put option?
A) A call option transaction occurs now, while a put option transaction takes place in the future. B) An call option transaction is the right to purchase the underlying asset, while a put option is the right to sell the underlying asset. C) An call option transaction is not standardized, while put option transaction is standardized. D) An call option transaction deals with financial assets, while a put option transaction deals with commodities.
Harold Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During March, the company budgeted for 7,900 units, but its actual level of activity was 7,860 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for March:Data used in budgeting: Fixed element per monthVariable element per unitRevenue - $39.80 Direct labor$0 $7.70Direct materials 0 18.00Manufacturing overhead 38,200 1.50Selling and administrative expenses 27,400 0.50Total expenses$65,600 $27.70?Actual results for March: Revenue$297,318Direct labor$59,962Direct materials$135,850Manufacturing overhead$51,370Selling and administrative
expenses$31,950?The activity variance for selling and administrative expenses in March would be closest to: A. $20 F B. $600 U C. $600 F D. $20 U