The sarbanes-oxley act was established as a new body that approves all new statements from the financial accounting standards board (fasb.

a. True

b. False

Using a perpetual inventory system, the entry to record the return from a customer of merchandise sold on account includes a a. debit to Cash b. credit to Customer Refunds Payable c. debit to Merchandise Inventory d. credit to Merchandise Inventory

If the hourly wage of German workers is $6, the hourly wage of Canadian workers is $10, and German workers produce half as much the output per hours as Canadian workers, all else equal, it would be efficient to locate production facilities in: a.

If a stricter quota, such as 30,000 tons of apricots, was imposed on this market, we would expect:

Which of the following statements about ABC analysis is FALSE? A. ABC analysis is based on the presumption that all items must be tightly controlled to produce important cost savings. B.

Three large firms dominate the telecommunication industry of United Canava: AD Telecom Inc., Mystic Telecom Corp., and Total Talk Inc.

What is financial intermediary?

On October 1, Eder Fabrication borrowed $69 million and issued a nine-month promissory note. Interest was discounted at issuance at a 11% discount rate.

Should a firm shut down if its weekly revenue is $1000 , its variable cost is $800 , and its fixed cost is $1200 , of which $350 is avoidable if it shuts down? Why? The firm should A.

If the coupon interest rate remains constant from the time of issue until the bond matures, then the bond is called afixed-rate bond.

A firm is comparing two potential service layouts using the Closeness Desirability Rating. Option 1's closeness desirability score is 18. Option 2's closeness desirability score is 22. It can be concluded that Option 1 layout is better. a. True. b.