Which of the following is true?
A) The adjusted cost of goods sold is equal to normal cost of goods sold plus or minus the overhead variance.
B) If the overhead variance shows overapplied overhead, then that amount would be subtracted from normal cost of goods sold.
C) Variances in overhead are expected every month.
D) All of these are true.
E) None of these are true.
D
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Vast Ocean Corporation has an incentive compensation plan under which the sales manager receives a bonus equal to 10% of the company's income after deducting income taxes but before deducting the bonus. Income before income tax and the bonus is $80,000 . The effective income tax rate is 40%. How much is the bonus?
a. $8,000 b. $5,000 c. $4,800 d. $4,320
What is imputed knowledge?
A) information collected by a principal prior to engaging in an agency B) information collected by a principal on an agency C) information learned by an agent that is attributed to the principal D) information learned by a principal that is attributed to an agent
Each participant in a qualified pension plan is entitled to receive an annual statement indicating their earned pension benefits
Indicate whether the statement is true or false
The _____ process analyzes SQL queries and finds the most efficient way to access data
a. optimizer b. scheduler c. listener d. user