Political and social instability in the Middle Eastern region can primarily be attributed to:

A) desert conditions and lack of agricultural land.
B) cultural differences among nations.
C) a wide gap between rich and poor nations due to oil revenues.
D) lack of water purification facilities.
E) the "Arab Spring."

C

Business

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The following budget data are available for Oldest Company: Estimated direct labor hours 12,000 Estimated direct dollars $90,000 Estimated factory overhead costs $179,000 If factory overhead is to be applied based on direct labor hours, the predetermined overhead rate is

A) $2.57 B) $.51 C) $.067 D) $14.92

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All parties to a negotiable instrument will be discharged when the party primarily liable on it pays to a holder the full amount due

Indicate whether the statement is true or false

Business