When a principal dies, the agency is not terminated until the agent is notified of the principal's death

Indicate whether the statement is true or false


False

Business

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Conversion costs include the costs of purchasing and converting raw materials into finished products

Indicate whether the statement is true or false

Business

The gross domestic product (GDP) of Trelinberg, a South American nation, has been decreasing for the past eight years. The long period of consecutive decreases in the GDP has led to high unemployment rates in Trelinberg. In the given scenario, the economy of Trelinberg is most likely experiencing _____.

A. disinflation B. a depression C. a stagflation D. hyperinflation

Business

Warrants are issued by a judge or magistrate upon showing of probable cause by the law enforcement authorities

a. True b. False Indicate whether the statement is true or false

Business

Haffner Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below:    Beginning work in process inventory:   Units in beginning work in process inventory 1000? Materials costs$8300? Conversion costs$9600? Percent complete with respect to materials 85?%Percent complete with respect to conversion 55?%Units started into production during the month 7500? Units transferred to the next department during the month 6600? Materials costs added during the month$103,200? Conversion costs added during the month$184,900? Ending work in process inventory:   Units in ending work in process inventory 1900? Percent complete with respect to

materials 60?%Percent complete with respect to conversion 50?%?The cost of ending work in process inventory in the first processing department according to the company's cost system is closest to: (Round "Cost per equivalent unit" to 3 decimal places.) A. $39,275 B. $45,488 C. $70,339 D. $40,897

Business