Any unsecured long-term debt instrument is a debenture

Indicate whether this statement is true or false.

Answer: TRUE

Business

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Metropolitan Enterprises reports the following information at December 31

Manufacturing Overhead $4,300 21,000 18,500 $45,500 Requirements 1. What is the actual manufacturing overhead of Metropolitan Enterprises? 2. What is the allocated manufacturing overhead? 3. Is manufacturing overhead underallocated or overallocated? By how much? What will be an ideal response

Business

One should avoid using "leading" words or phrases in any scale measurement's question.

a. true b. false

Business