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3 years ago

Which of the following statements is false?

Business

1 answer:

Brilliant_brown [7]3 years ago

8 0

Answer:

The false statement is letter "C": Stratification of the population into several homogeneous sub-populations generally reduces audit efficiency.

Explanation:

Stratification is the method of grouping a population into subpopulations, with each group of units having similar characteristics. The efficiency of audits can be increased if the auditor stratifies a population by grouping it into different sub-populations since the variability of items will be reduced.

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A union election was held by the NLRB at Jaxon Industries, and 130 workers cast votes in the election. How many votes in favor o

zimovet [89]

Answer:

Explanation:

When union workers vote to elect their representatives, the representative must be elected by a simple majority of the votes. A simple majority means 50% plus 1. In this case 50% of 130 votes = 65 votes plus 1 = 66 votes.

Exclusive representation is a legal status that allows the elected representative the legal right to represent the union workers in different situations, e.g. collective bargaining

7 0

3 years ago

Presented below is the stockholders' equity section of Mead Corporation at December 31, 2006: Common stock, par value $20; autho

marishachu [46]

Answer:

a. $1,965,000

Explanation:

The computation of total stockholders' equity is shown below:-

Paid-in capital from Treasury Stock = 1,800 × ($30 - $28)

= 1,800 × $2

= $3,600

Retained earning = $500,000 + $450,000

= $950,000

Treasury stock = ((3,000 - 1,800) × $28) + (3000 × 35)

= (1,200 × $28) + (3000 × 35)

= $33,600 + $105,000

= $138,600

Total stockholders' equity on December 31, 2007 = Common stock + Paid-in capital in excess of par value + Paid-in capital from Treasury Stock + Retained earnings - Treasury stock

= $900,000 + 250,000 + $3,600 + $950,000 - $138,600

= $2,103,600 - $138,600

= $1,965,000

So, we have applied the above formula.

8 0

3 years ago

According to the text, there are four different aspects of a decision that a business should evaluate in order to___ maximize pr

inna [77]

Answer: Legal, public relation, safety risk, financial.

Explanation:

The above are different aspects of a decision in order to maximize profit and be a good corporate citizen.

Financial decision taking with respect to capital structure.

Legal- legal rights and responsibilities.

Safety risk assessment and mitigation of safety risk.

Public relation communication that are strategic that builds mutually beneficial relationships.

3 0

3 years ago

Which of the following people would be happy with a $10 price ceiling in this market for movie theatre popcorn bags?

dalvyx [7]

Answer:

producers of the bags of popcorn because they will sell more to the movie theater

4 0

3 years ago

On January 2, 2017, the board of directors of Michael declared a 10% stock dividend to be distributed on February 15, 2017. The

frozen [14]

Answer:

the decrease in the value of the retained earning is $172,500

Explanation:

The computation of the decrease in the value of the retained earning is given below:

The dividend of the stock is

= (25,000 shares - 2,000 shares) × 10% × $75

= $172,500

Since there is the stock dividend of $172,500 so it ultimately reduced the retained earning account by $172,500

8 0

3 years ago