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Virty [35]
3 years ago
5

Which of the following statements about setups is FALSE? Group of answer choices Setup time is dependent on the number of units

subsequently produced.
Business
1 answer:
Nadusha1986 [10]3 years ago
6 0

Answer: Setup time is dependent on the number of units subsequently produced.

Explanation:

It should be noted that a setup is a required activity and a set of activities. A setup time is also referred to as the changeover time.

The statement that "Setup time is dependent on the number of units subsequently produced" is false. The setup time refers to the interval that is needed to adjust the machine settings in order to make it ready to process a job. The setup time isn't dependent on the number of units that's subsequently manufactured.

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When a principal is partially disclosed Group of answer choices the agent and principal will be jointly and severally liable on
vlabodo [156]

The correct answer is the agent and principal will be jointly and severally liable on the contract.

In general, an agent is not accountable for contracts made; the principal is. However, the agent will be held culpable if he is not or only partially revealed, if the agent lacks or exceeds authorization, or if the agent entered into the transaction in a personal role.

When an agent works on behalf of the principle in interactions with a third party, a contractual relationship is formed between the main and the third party, and the agent is not personally accountable.

Therefore, the correct option is the agent and principal will be jointly and severally liable on the contract.

To know more about principal agent liability click here:

brainly.com/question/13056777

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8 0
2 years ago
If you are under the age of 21 and have any detectable amount of alcohol in your system while operating a motor vehicle in a pub
hodyreva [135]
<span>Driving under the influence of alcohol by a minor



</span>
7 0
3 years ago
How long does a trademark last? _____
4vir4ik [10]

Answer:

for ten years please thanks

4 0
2 years ago
Read 2 more answers
ABC purchases inventory for $2,000 and incurs shipping costs of $100 for the goods to be delivered. To record this transaction,
Rus_ich [418]

Answer: 1. D) Assets are understated

2. D) Car dealers

Explanation:

1. The shipping costs to bring Inventory into a business are known as Carriage Inwards. This amount is to be debited with the Inventory as it is considered to be part of the cost of acquiring the inventory. By not putting this cost with the inventory, ABC is undervaluing the inventory account which is an Asset account. The Assets are therefore understated.

2. The Specific Identification Method of inventory valuation is based on each individual unit purchased or sold. It does not group items and tracks each item from the moment it is purchased to the moment it is sold so the cost of the specific inventory is known. This method is used more often by businesses that deal with easily identifiable items such as Jewellers and Car dealers because each car is big enough to be tracked individually.

6 0
3 years ago
Executive stock options: Multiple Choice allow the holder the option to buy shares at a specified exercise price during a specif
ss7ja [257]

Answer:

allow the holder the option to buy shares at a specified exercise price during a specified period of time.

Explanation:

A primary market refers to the market where these securities that are being sold are issued or created

On the other hand, the secondary market can be defined as a market where various investors sell and buy securities from other investors.

Some examples of secondary market around the world are New York Stock Exchange (NYSE), NASDAQ, London Stock Exchange (LSE) and National Stock Exchange (NSE).

Executive stock options (ESOs) can be defined as an equity compensation contract that are granted to the employees and executives of a company, giving them to right to buy a specific amount of shares from the company's stock at a particular price for a specificied period of time.

Basically, ESO allows the holder the option to buy shares from the company's stock at a specified exercise price or strike price for a specific period of time.

The main purpose of an ESO is to serve as an incentive to make the beneficiaries or holders improve the financial performance of a company while closely aligning their interests with those of the shareholders of the same company.

5 0
2 years ago
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