The materials price variance is computed based on the amount of materials purchased during the period.

True

False

Which of these careers requires several years of school beyond a four-year degree? A. a secretary B. a mechanic C. an author D. a lawyer

The term "derived demand" refers to the demand for financial products called derivatives. the demand for a factor of production that is derived from the demand for the good the factor produces. a firm's estimated demand curve derived from sales data.

Rachel Davis buys a $20,000 property. She puts down $1,000, with the balance to be repaid over 20 years at 12% interest. Her monthly payments are $209.38. What is the approximate amount of interest paid on the loan at its maturity?

The bookkeeper prepared a check for $68 but accidentally recorded it as $86. When preparing the bank reconciliation, this should be corrected by: A. Adding $18 to the bank balance B. Adding $18 to the book balance C.

What's a possible opportunity cost when you spend $100 on a pair of sneakers? A. Not being able to buy sneakers again B. $100 C. Not being able to spend that $100 on some furniture for your house D. $110 after inflation

Consider a simple economy that produces two goods: pens and oranges. The following table shows the prices and quantities of the goods over a three-year period.

Which of these would be a result of inflation? A business reports a loss for a tax year. A CEO pays less in taxes than five years ago. A company scales back production. A company increases production as a result of growing demand.

Which of the following would be the best example of a total institution? a. a mental hospital b. a private university c. a parochial school d. a baseball team

What is an over-zealous speaker?

The amount of fica tax that employers must pay is twice the amount of the fica taxes withheld from their employees. true or false