Tax credits are less valuable on a dollar-for-dollar basis than are tax-deductible expenses

Indicate whether the statement is true or false.

Answer: FALSE

Business

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In the decision to rent or purchase a home the ________ of any security deposit that you would put down on a rental home must be part of the decision

Fill in the blank(s) with the appropriate word(s).

Business

Luke employs 20 professional cleaners. Budgeted costs total $1,800,000 of which $1,550,000 is direct costs. Budgeted indirect costs are $750,000 and actual indirect costs were $795,800

Budgeted professional labor-hours are 1,000,000 and actual hours were 1,218,000. What is the budgeted direct cost-allocation rate? A) $1.80 per hour B) $1.7857 per hour C) $0.75 per hour D) $1.55 per hour

Business