Tell Whether the Lines Are "Parallel", "Perpendicular", or "Neither

question 44

Multiple Choice

Tell whether the lines are "parallel", "perpendicular", or "neither."
-3x - 8y = -8 48x + 16y = -8

• A) Perpendicular
• B) Neither
• C) Parallel

Recognize the implications of absorption costing on managerial decisions, such as pricing and production.

Explain the requirements of GAAP in relation to absorption costing.

Understand the role of cost information in pricing decisions under both costing methods.

Comprehend the impact of production levels on income under both costing methods.

---

Definitions:

Retained Earnings

The portion of a company's profits that is kept or retained for reinvestment in the business, rather than distributed to shareholders as dividends.

Business Combination

A transaction or event in which an acquirer gains control over one or more businesses.

Subsidiary Dissolved

The process of legally dissolving a subsidiary company, involving the winding up of its operations and distribution of its assets.

Subsidiary Incorporation

The process of legally establishing a subsidiary corporation, which then becomes an entity separate from the parent company.