What is the ultimate purpose of the system of checks and balances?

a. to restrict power

b. to give power

c. to distribute responsibility

d. to control spending

If a corporation operates two divisions that supply one another, and each division is located in a different country, then transfer prices are: ___.

Which aspect of zipcar's strategy makes it a practitioner of conscious marketing?

Canada Company had the following operating data for the year for its computer division: sales, $650,000; contribution margin, $140,000; total fixed costs (controllable), $100,000; and average total operating assets, $280,000.

A detailed description of the money your business makes and expends every month for the first year is called a (n) A cash-flow statement. B income statement. C balance statement. D bank statement.

1. Which of the following is characteristic of governmental fund accounting and financial reporting? a. The inclusion of only financial assets and related liabilities. b. The inclusion of all financial and capital assets, as well as all related debt.

true or false Activity cost pools are factory overhead costs initially budgeted for activities, such as machine usage, inspections, moving, production setups, and engineering activities.

Prepare the Statement of Cash Flows for Smart Touch Learning for the month ended December 31, 2016 from the provided information. Within each section of the statement, use the drop-down menus to enter the accounts.

A company is considering purchasing a machine for $21,000. The machine will generate an after-tax net income of $2,000 per year. Annual depreciation expense would be $1,500. What is the payback period for the new machine? a. 4 years. b. 6 years. c.

A company purchased a delivery van for $15,500 with a salvage value of $2,300 on September 1, Year 1. It has an estimated useful life of 4 years.

Money has a time value because