3D HD TV Company, a Firm in Minnesota, Advertises on the Web

question 42

Multiple Choice

3D HD TV Company, a firm in Minnesota, advertises on the Web. A court in North Dakota would be most likely to exercise jurisdiction over 3D HD if the firm

• A) conducted substantial business with North Dakota residents through its Web site.
• B) interacted with any North Dakota resident through its Web site.
• C) only advertised without interactivity at its Web site.
• D) suddenly removed its ad from the Internet.

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Definitions:

Cash Disbursements

A financial record of money being paid out or disbursed by a company, usually part of the cash outflow in its cash flow statement.

Manufacturing Overhead Budget

An estimate of all manufacturing costs excluding direct materials and direct labor, planned for a specific period.

Direct Labor-Hour

A measure of the amount of time spent by direct labor workers on a specific job or task, often used to allocate labor costs in job-order costing.

Manufacturing Overhead Budget

A financial plan that estimates the indirect costs associated with manufacturing, including utilities, salaries, and maintenance.