A public offer to buy a block of stock directly from shareholders is called a tender offer
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
All of the following are internal control procedures that should be in place in the conversion cycle except
a. calculation and analysis of direct material and direct labor variances b. retention of excess materials by work centers c. physical count of inventory items on hand d. limited access to raw material and finished goods inventories
Bonnie Company has a direct labor standard of 15 hours per unit of output. Each employee has a standard wage rate of $14 per hour. The standard variable overhead rate is $10 per hour. During March, employees worked 13,100 hours. The direct labor rate variance was $9,170 favorable, the variable overhead rate variance was $13,100 unfavorable, and the direct labor efficiency variance was $15,400 unfavorable. What is the actual variable overhead?
A. $117,900 B. $144,100 C. $183,400 D. $131,000
An Australian wine producer, facing declining sales at home, set up a new channel of distribution to sell wine in the United States. This seems to be an effort at
A. market development. B. product development. C. diversification. D. market penetration.
Slice-of-life advertisements usually use real-life people, not actors, to make the ads more credible to the audience.
Answer the following statement true (T) or false (F)