The major difference between public nuisance and private nuisance is:

a. a public nuisance involves public health and private nuisance involves citizens' welfare b. whether the property involved is owned by a government or by a private party
c. a public nuisance interferes with the enjoyment of land; private nuisance impacts health
d. public nuisance can exist only if there is physical damage to land; that is not the case with private nuisance e. none of the other choices

e

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A department has budgeted monthly manufacturing overhead cost of $540,000 plus $3 per direct labor hour. If a flexible budget report reflects $1,044,000 for total budgeted manufacturing cost for the month, the actual level of activity achieved during the month was

a) 348,000 direct labor hours. b) cannot be determined from the information provided. c) 528,000 direct labor hours. d) 168,000 direct labor hours.

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Treasury stock is a contra stockholders' equity account.

a. true b. false

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