The Internet was developed in the 1960s by ________ as a way to ensure that communications could survive a military attack.
A. the Japanese
B. NASA
C. Harvard University
D. the U.S. Department of Defense
Answer: D
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Homeyer Corporation has provided the following data for its two most recent years of operation: Selling price per unit$71Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials$12Direct labor$6Variable manufacturing overhead$3Fixed manufacturing overhead per year$264,000Selling and administrative expenses: Variable selling and administrative expense per unit sold$4Fixed selling and administrative expense per year$74,000 Year 1Year 2Units in beginning inventory03,000Units produced during the year11,00012,000Units sold during the year8,00014,000Units in ending inventory3,0001,000The net operating income (loss) under absorption costing in Year 1 is closest to:
A. $208,000 B. $30,000 C. $176,000 D. $102,000
The going concern assumption is concerned with:
A) the company's ability to continue operations long enough to carry out its existing obligations. B) any information that is capable of influencing the decisions of anyone using the financial statements. C) measuring ongoing business activities at their exchange price at the time of the initial external transaction. D) offsetting management's natural optimism by providing a prudent approach to uncertainty in financial statement items.
An independent contractor cannot represent more than one principal at a time
Indicate whether the statement is true or false
When it comes to rising to the top of the corporate ladder, which do you think is more important, social skills or intellectual skills? Do you think this varies by the type of occupation or industry?
What will be an ideal response?