The salaries of a manufacturing plant's management are said to arise from:
A. batch-level activities.
B. facility-level activities.
C. product-sustaining activities.
D. direct-cost activities.
E. unit-level activities.
Answer: B
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Answer the following statements true (T) or false (F)
1. A defensive strategy is sometimes called a retrenchment strategy. 2. A development strategy is the common grand strategy that involves expansion. 3. A continuity strategy is the common grand strategy that involves little or no significant change. 4. Alaska Airline was profitable in 2011, prompting is to decide to remain a "smallish, specialized, regional airline in a world of global giants," which is an example of a stability strategy.
Use the following information to answer the following questions. The following totals for the month of April were taken from the payroll register of Magnum Company. Salaries $12,000 FICA taxes withheld 550 Income taxes withheld 2,500 Medical insurance deductions 450 Federal Unemployment Taxes 32 State Unemployment Taxes 216 The entry to record accrual of employer's payroll taxes would include a
A) debit to Payroll Tax Expense for $248. B) credit to FICA Taxes Payable for $1,100. C) credit to Payroll Tax Expense for $248. D) debit to Payroll Tax Expense for $798.
TynsCorp has a defined-contribution pension plan. The company feels this type of plan is most beneficial to the employees because the amount an employee is to receive upon retirement is specifically set forth.
Answer the following statement true (T) or false (F)
Breach of one installment of an installment contract never gives rise to breach under the whole contract
a. True b. False Indicate whether the statement is true or false