Salaries of supervisory production personnel should be classified as direct labor costs
Indicate whether the statement is true or false
False
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Under a system of floating exchange rates, the Swiss franc would depreciate in value if which of the following occurs?
a. price inflation in France b. an increase in U.S. real income c. a decrease in the Swiss money supply d. falling interest rates in Switzerland
Rashid purchased real estate known as Parcel A, subject to a preexisting mortgage, in favor of Local National Bank. Leila purchased real estate known as Parcel B, assuming a preexisting mortgage on it in favor of Local National Bank. After each purchase took place, there were defaults on the debts that gave rise to the mortgages. Although Local National Bank instituted and completed foreclosure proceedings with regard to each of the two mortgages, it did not yield enough funds to pay off the debt in full. Therefore, Local National Bank made demands on Rashid and Leila for payment of the deficiency owed on Parcel A and on Parcel B, respectively. Explain if Local National Bank is entitled to receive the deficiencies it seeks from Rashid and Leila.
What will be an ideal response?
The OPIC cannot obtain subrogation rights against the host government from the insured
Indicate whether the statement is true or false
The total fixed overhead variance is the total of the variable overhead cost variance and fixed overhead volume variance
Indicate whether the statement is true or false