Abc corporation Study guides, Class notes & Summaries

Activity-Based costing (ABC) Ans: A method of cost accounting designed to identify streams of activity and then to allocate costs across particular business processes according to the mount of time employees devote to particular activities Adapters Ans: Companies that take the current industry structure and its evolution as givens, and choose where to compete. Adverse impact Ans: When a seemingly neutral employment practice has a disproportionately negative effect on a protected group. Ad...

ETS Major Field Test (Practice Test): Bachelor's Degree in Business. The common characteristic possessed by all assets is a) Long life b) Great monetary value c) Tangible nature d) Future economic benefit Which Foreign Direct Investment (FDI) attempts to acquire particular resources at a lower real cost than could be obtained in the home country? a) Market-seeking FDI b) Efficiency-seeking FDI c) Resource-seeking FDI d) Strategic asset-seeking FDI Under the Uniform Comm...

OKLAHOMA LIFE & HEALTH INSURANCE EXAM 2024 WITH 100% CORRECT ANSWERS In Oklahoma, a life insurance policy loan may NOT exceed an interest rate of - correct answer 8% Under HIPAA requirements, eligibility for the pre-existing conditions exclusion waiver under new coverage is lost if - correct answer there is a break in coverage of more than 63 days Which of the following health insurance provisions requires that the application becomes part of the policy? - correct answer Entire Contract...

If interest Rates fall the issuer will most likely call which bonds first? High Dividend Rate preferred issues trading at a premium What are some actions by a corporation will affect an individuals common shareholder's equity Conversion of convertible preferred stocks or bond Repurchase of common shares Issuance of additional common shares (Stock splits do not effect shareholders equity but it must be voted on because it effects Par Value) Benefits to a Convertible stock compar...

Sue the broker - Answer- Sales associate, Tim, received a signed contract from a buyer and ailed it to the seller. The seller agreed to the terms and the escrow deposit was deposited safely in the brokers escrow account. Tim has a disagreement with his broker and quits. The broker refuses to pau a commission since tim was not in his employ when the contact was actually received and signed. What should tim to? The one who engages the broker in a single agency relationship - Answer- Who is the ...

In Oklahoma, a life insurance policy loan may NOT exceed an interest rate of - Answer-8% Under HIPAA requirements, eligibility for the pre-existing conditions exclusion waiver under new coverage is lost if - Answer-there is a break in coverage of more than 63 days Which of the following health insurance provisions requires that the application becomes part of the policy? - Answer-Entire Contract clause impatient psychiatric care is covered under Part A Medicare for 190 days per - Answer...

TEST BANK for Canadian Income Taxation Planning and Decision Making, 25th Edition by William Buckwold, Joan Kitunen, Matthew Roman, Abraham Iqbal CHAPTER 1 1) Which of the following is not considered to be a separate entity for tax purposes in Canada? A) An individual B) A proprietorship C) A corporation D) A trust 2) Which of the following attitudes and actions is most likely to help decision-makers develop an efficient approach to taxation? A) Cash flows should be considered from a...

Which of the following policies does NOT contain an automatic reinstatement provision? a) Business automobile liability b) Personal automobile liability with split limits c) Homeowners d) General liability written with an aggregate limit - General Liability written with an aggregate limit The ABC Corporation has $100,000 of coverage on its building through insurance Company A, and $50,000 of identical coverage on the same building through insurance Company B. Assuming coinsurance is not a...

XYZ Corporation made a profit of $3 million last year. ABC Corporation made a profit of $6 million last year. Based on the ratio scale, which of the following is an accurate statement about the relationship between ABC's profits and XYZ's profits? - XYZ was half as profitable as ABC. If the brand that had most sales was VW, then ______________. - the segment of the pie corresponding to VW would be the largest Statistics for a sample are denoted by ______ - x̄, s2 The symbol ∑ is used ...

Which of the following characteristics regarding a corporation is false? - False: Owners make everyday decisions in the business True: Ownership of the corporation is transferable, double taxation, limited liability for shareholders. ABC Company receives cash from creditors. This would be an example of which type of business activity with respect to the statement of cash flows for ABC Company? - Financing What organization in the United States is responsible for making the accounting rules ...