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Natali [406]
1 year ago
8

The Department may choose to grant an exception to the examination requirement under certain circumstances. Which of the followi

ng situations would probably NOT be considered for an exemption?
Business
1 answer:
soldier1979 [14.2K]1 year ago
6 0

Available options are:

A salesperson who has held a valid license within the last 3 years

A broker who surrendered his broker license and has been employed as a salesperson since the surrender

A broker associate who had a valid salesperson license five years ago

A broker associate who held a broker associate license two years ago

Answer:

A broker associate who had a valid salesperson license five years ago

Explanation:

The Department may choose to grant an exception to the examination requirement under certain circumstances except "a broker associate who had a valid salesperson license five years ago."

This is because in the United States, for the real estate brokers to renew a license they need to undergo an examination as part of the requirements. However, they may be granted an exception under specific situations such as

1. When they still hold a valid license within the last 3 years

2. When they hold broker associate valid license within the last two years

3. When they are now into salesperson employment.

Hence, considering the available options, the correct answer is "A broker associate who had a valid salesperson license five years ago."

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During the month of May, direct labor cost totaled $13,230 and direct labor cost was 45% of prime cost. If total manufacturing c
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Answer:

$38,970= allocated overhead

Explanation:

Giving the following information:

direct labor cost totaled $13,230

direct labor cost was 45% of prime cost.

The total manufacturing costs in May were $81,600.

The prime cost is calculated summing the direct material and direct labor cost.

<u>First, we need to calculate the direct material cost:</u>

Direct material= (13,230*100)/45= 29,400

Prime costs= 29,400 + 13,230= 42,630

Now, we can calculate the allocated overhead:

total manufacturing costs= direct materials + direct labor + allocated manufacturing overhead

81,600= 42,630 + allocated overhead

38,970= allocated overhead

8 0
2 years ago
A company opting to boost its sales of branded footwear by offering buyers 500 models/styles to choose from should consider redu
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Answer:

D. investing in production improvement option B at those production facility locations producing 500 models.

4 0
2 years ago
"When ClubCorp had an attrition problem, they hired a market research company to get to the bottom of things. What two things di
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Cost of Membership
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5 0
2 years ago
Wesley, who is single, listed his personal residence with a real estate agent on March 3 of the current year at a price of $390,
Elenna [48]

Answer:

a. Wesley's recognized gain on the sale is $0.

b. Wesley's adjusted basis for the new residence is $325,000

c. Assume instead that the selling price is $800,000.

Wesley's recognized gain is $326,520, and his adjusted basis for the new residence is $325,000.

Explanation:

Wesley's actual gain = $363,000 - $21,780 - $600 - $300 - $800 - $200,000 = $139,520, but it can all be excluded using section 121.

If the selling price is $800,000;

Wesley's actual gain = $800,000 - $21,780 - $600 - $300 - $800 - $200,000 = $576,520, but he can exclude $250,000, so his recognized gain = $326,520

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2 years ago
Fabian is proud of his slides and wants to print them out for his audience. However, he has 25 slides and an audience of 50. Wha
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8 0
2 years ago
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