A Disadvantage of the Diaphragm Is That

question 30

Multiple Choice

A disadvantage of the diaphragm is that

• A)a high percentage of women are allergic to it.
• B)it requires the use of a spermicide.
• C)you must wait to insert it minutes before intercourse.
• D)you must remove it immediately after intercourse.

Interpret the stockholders' equity section of a corporation's balance sheet and understand the components of paid-in capital.

Recognize the implications of cumulative and noncumulative dividends for stockholders and the corporation.

Understand the legislative and procedural aspects of issuing stock, including the rights to dividends and the process for calculating dividends.

Define and identify organization costs and their treatment in financial statements.

---

Definitions:

Direct Labor Cost Variance

The difference between the budgeted cost of direct labor for production and the actual cost incurred, indicating over or under allocation of resources.

Direct Labor Rate Variance

The difference between the actual cost of direct labor and the expected (or standard) cost, indicating discrepancies in workforce expenses.

Direct Labor Efficiency Variance

A measure of the difference between the actual hours worked and the standard hours expected for the production accomplished.

Favorable

A term used in budgeting and accounting to describe a financial result or variance that is better than expected or budgeted.