The concept that focuses on important variances and ignores trivial ones is

Zzy inc. purchased a patent for $350,000 which has an estimated useful life of 10 years. its pattern of use or consumption cannot be reliably determined. prepare the entry to record the amortization of the patent in its first year of use

A factor of production that is produced in order to produce something else is called

As part of the initial screening for possible employment, a nuclear power company administers a psychological test that yields scores on tendencies toward depression and schizophrenia. What is the name of this psychological test?

Delta Construction Corporation, a general contractor, hires Eagle Electrical Company, a subcontractor, to wire a new office building.

Suppose that you were born in 1998. also, suppose that your mother received a $100 baby shower gift at your birth. how much would it cost to buy a similar amount of goods and services in 2013, given that the cpi was 163.0 in 1998 and 233.0 in 2013?

Who is following the law when it comes to protecting investors' funds? a financial planner who pitches a risk-free stock a mutual fund advisor who informs investors about risks a broker who sells CDs from nonfinancial institutions a realtor who

Jared runs a personal training studio, earning $5,000 last month. His fixed costs are $4,000, and his variable costs are $3,500. Should Jared shut down his business immediately? a) Yes, because he is clearly losing money.

On January 1, a company issues bonds dated January 1 with a par value of $600,000. The bonds mature in 3 years. The contract rate is 7%, and interest is paid semiannually on June 30 and December 31. The bonds are sold for $564,000.

Partridge Co. can further process Product J to produce Product D. Product J is currently selling for $21 per pound and costs $15.75 per pound to produce. Product D would sell for $37 per pound and would require an additional cost of $9.

What is the largest source of income for banks? a. the interest they receive from loans b. fees charged to customers for accounts c. money deposited in savings accounts d. special accounts such as NOW accounts