Identify the statement below which is true
A) Cloud computing is a control technique for system availability.
B) Cloud computing eliminates the need for backup of applications and data.
C) Cloud computing eliminates the need for companies to own their own software and servers.
D) Cloud computing refers to the practice of storing application files and backup data on satellites "in the clouds."
Answer: A
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When a company develops a trademark the costs directly related to securing it should generally be capitalized. Which of the following costs associated with a trademark would not be allowed to be capitalized?
a. Attorney fees. b. Consulting fees. c. Research and development fees. d. Design costs.
Fill in the missing figures below: Units produced 7,900 Standard hours per unit 5 hours Standard hours allowed (a) Standard rate per hour $12.00 Actual hours worked 39,900 Actual labor cost (b) Labor rate variance $5,985 favorable Labor efficiency variance (c)