Under governmental accounting, a fund is defined as a fiscal and accounting entity with a self-balancing set of accounts

Indicate whether the statement is true or false

T

Business

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If the selling price per unit is $10, the unit contribution margin is $5, and total fixed expenses are $15,000, what are the breakeven sales in units?

A) 75,000 B) 150,000 C) 1,500 D) 3,000

Business

Under the general rule of the Third Restatement, death of a principal terminates all authority of an agent, including apparent authority, even though no notice is given to third parties

a. True b. False Indicate whether the statement is true or false

Business