If a mortgage is silent with regard to assuming it, it is most likely
a. that it can be assumed.
b. that it cannot be assumed.
c. that it can be assumed if it is an FHA or VA guaranteed mortgage.
d. none of these.
A
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List four types of discounts
What will be an ideal response?
Which of the following is true of standard costing?
A) It uses estimates that are based only on past costs. B) It is the same as normal costing. C) It cannot be used to manage cost centers. D) It can be used in any type of business.
Which public relations tool is typically intended to inform and engage the public?
A. sales presentations B. annual reports C. blogs D. brochures E. speeches
If Frederick can buy 5,000 units from an outside supplier for $130,000, it should:
Frederick Co. is thinking about having one of its products manufactured by an outside
supplier.
Currently, the cost of manufacturing 5,000 units follows:
A) Make the product because current factory overhead is less than $130,000.
B) Make the product because the cost of direct material plus direct labor of manufacturing is
less than $130,000.
C) Make the product because factory overhead is a sunk cost.
D) Buy the product because total fixed and variable manufacturing costs are greater than
$130,000.
E) Buy the product because the total incremental costs of manufacturing are greater than
$130,000.