Both the buyer and seller may have an insurable interest in the same goods at the same time.
Answer the following statement true (T) or false (F)
True
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Which of the following statements is false?
a. Selling and administrative expenses can be predicted in the same manner as overhead costs. b. In estimating overhead costs, fixed, variable, and mixed costs must be identified. c. Capital budgeting focuses on the short-term needs of the company. d. The capital budget affects the master budget through depreciation expense and cash payments.
According to a study contracted by Lunyk-Child et al. (2001), effective self-directed learning requires that learners appreciate its value. Imagine that you are an L&D practitioner in an organisation, where the senior management supports self-directed learning; yet, the employees are inclined to engage in such activity. What would you do? Could you find a solution that would benefit both the organisation and the employees?
What will be an ideal response?
An automatic car wash with a single bay takes a constant 3 min to wash. The arrival rate is 10 cars per hour. Determine the average number of cars waiting in line for the car wash. The arrival rate of cars tends to follow a Poisson distribution.
A. 0.25 cars B. 0.5 cars C. 1 car D. 1.5 cars
The law requires ________ to pay FICA taxes.
A. the employee B. both employee and employer C. the employer D. only retailers