In a hearing at an administrative agency, to determine if the law has been violated:
a. defendants have the right to a jury trial b. there may be no witnesses
c. the procedure is the same as in a court trial d. Constitutional rights must be protected
e. all of the other choices
d
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The static budget, at the beginning of the month, for New England Furniture Company follows:
Static budget: Sales volume: 1000 units; Sales price: $71.00 per unit Variable costs: $33.00 per unit; Fixed costs: $36,200 per month Operating income: $1800 Actual results, at the end of the month, follows: Actual results: Sales volume: 960 units; Sales price: $74.00 per unit Variable costs: $35.00 per unit; Fixed costs: $35,000 per month Operating income: $2440 Calculate the sales volume variance for fixed costs. A) $1920 U B) $1200 F C) $1520 U D) $0
Which of the following statements is CORRECT? As a firm increases the operating leverage used to produce a given quantity of output, this will
A. normally lead to a decrease in its business risk. B. normally lead to a decrease in the standard deviation of its expected EBIT. C. normally lead to a decrease in the variability of its expected EPS. D. normally lead to a reduction in its fixed assets turnover ratio. E. normally lead to an increase in its fixed assets turnover ratio.
Which of the following represent the three regulatory schemes for a technology transfer agreement range from least prohibitive to most prohibitive?
A) Notification/registration, no regulation, preapproval B) Preapproval, notification/registration, no regulation C) No regulation, notification/registration, preapproval D) No regulation, preapproval, notification/registration
Choose the recipient of the largest dollar amount of annual annuity receipts for a $100,000 single-premium immediate annuity:
A) male age 65 B) female age 65 C) male age 25 D) female age 20