When production is greater than sales, the operating income will be higher under absorption costing than variable costing. assume zero beginning inventory. which of the following gives the correct reason for the above statement? a. all costs incurred have been recorded as expenses. b. a portion of the fixed manufacturing overhead is still in the ending finished goods inventory account. c. fixed manufacturing costs have not been considered when calculating the operating profits. d. all selling and administrative expenses have been recorded as period costs.

Which of the following statements is correct? a) due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u.s. businesses (in terms of number of businesses) are organized as corporationsb) most businesses (by number and total dollar sales) are organized as proprietorships or corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, primarily because corporations have important tax advantages over proprietorships and partnerships.c) due to legal considerations related to ownership transfers and limited liability, which affect the ability to attract capital, most business (measured by dollar sales) is conducted by corporations in spite of large corporations' less favorable tax treatmentd) large corporations are taxed more favorably than proprietorshipse) corporate stockholders are exposed to unlimited liability

What are six resources for you decide which type of business to start and how to start it?

1. is the act of declaring a drivers license void and terminated when it is determined that the license was issued through error or fraud.