What should the title be in Gap 1?
Using the following information, calculate the variable overhead rate and efficiency variances, and state if they are favourable or adverse.
Actual production was 1,500 units which were completed in 3,620 hours at a variable overhead cost of $11,000.
The budget was that each pie would take 2.5 hours to make and the variable overhead absorption rate would be $3 per hour.
What point of law is explained in the case of Freeman & Lockyer v Buckhurst Park Properties (Mangal) Ltd 1964?
Agency is the (1)___________ which exists between two (2)___________ persons. They are the (3)___________ and the agent, in which the function of the agent is to form a (4)___________ between their (5)___________ and a (6)___________
Which one of the following statements about the liability of a new partner in a partnership is correct?
It is the LLP itself, rather than the partners personally, that enjoys the benefit of limited liability.
There is no legal requirement for an LLP to be audited.
In the context of partnership law, a partner's actual authority to bind the partnership in a contract is determined by which of the following?
To wind up a Limited Liability Partnership (LLP), which of the following is required?
Which of the following statements regarding partnerships is correct?