Which of the following would use a process costing system rather than a job order costing system?

A) a health-care service provider
B) a music production studio
C) a paint manufacturer
D) a home remodeling contracting company

C

Business

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If an advisor owes a fiduciary duty to a client, this means that

A) there is a higher standard of competence demanded of the advisor. B) the advisor must put the client's interests above her own interests. C) the advisor owed a duty not to be negligent respecting work done for the client. D) both A and C E) all of the above

Business

Which of the following is a prerequisite to being able to initiate the involuntary bankruptcy process?

A) A creditor must be owed a debt of $1000 B) A creditor must be owed a debt of $5000 C) A creditor must be owed a debt of $10,000 D) A creditor must be owed a debt of $2000 E) A creditor must be owed a debt of $500

Business