Only the board of directors may approve fundamental changes in the corporation

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


False

Business

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A movie theater finds that when it reduces its prices, its total revenues drop significantly. Its price elasticity of demand is _____

a. unitary b. inelastic c. positive d. elastic

Business

Forsyth Company uses estimated direct labor hours of 150,000 and estimated manufacturing overhead costs of $337,500 in establishing its 2011 predetermined manufacturing overhead rate. Results show actual manufacturing overhead of $346,500 and applied manufacturing overhead of $343,800 . The number of direct labor hours worked during the period was:

a. 154,000 b. 150,000 c. 152,800 d. 148,831 e. 146,000

Business

In case of power failures, equipment malfunctions, and other unforeseen problems, have a backup plan which includes bringing ____.

A. visuals and support materials that don't require the use of an electrical outlet B. a copy of your presentation on a USB drive C. a second laptop D. all of the above

Business

Direct-response promotion using e-mail enables marketers to reach customers through other media.

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

Business