Which of the following is most characteristic of most developing nations?

A) roughly equal distribution of income among the population
B) high levels of labor productivity in agriculture
C) low propensity to consume goods and services
D) low levels of saving and investment

Neeb Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During January, the company budgeted for 7,000 units, but its actual level of activity was 7,040 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for January:Data used in budgeting: Actual results for January:
The manufacturing overhead in the flexible budget for January would be closest to:

A) $49,501
B) $52,000
C) $52,044
D) $50,068

Because the speed of check-processing time is increasing, to avoid overdrafts, an account-holder needs to verify that funds are available to cover a check when it is written.

Jargon should never be used in business writing.