Accounting rules and regulations provide an exact answer to every accounting question, leaving no opportunity for negotiation, compromise, or interpretation in the preparation and presentation of financial statements.

True/False

All large firms maintain complete and detailed organization charts because it is important to maintain a clear line of authority. True/False

Which statement is TRUE? A. In a commercial bank the money comes from investments, while in an investment bank, the money comes from depositors. B.

Mandy and Jeff have a net worth of $25,000 and total assets of $140,000. If their revolving credit and unpaid bills total $2,200, what are their total liabilities? a. $115,000 b. $140,000 c. $142,200 d. $165,000 e. $167,200

Performance, polygraph, or drug test are? A. always written in standard English B. illegal and cannot be given C. sometimes used by employers in various fields to test job applicants D. required for job seekers without social security numbers

What is the current GDP? (Gross Domestic Product)

Blue technologies manufactures and sells dvd players. great products company has offered blue technologiesâ $22 per dvd player forâ 10,000 dvd players. blueâ technologies' normal selling price isâ $30 per dvd player.

Some goods can be produced at low cost only if they are produced in large quantities. this phenomenon is called

has sales of $15 million, total assets of $9 million, and total debt of $3.7 million. If the profit margin is 7 percent what is net income? What is ROE? What is ROA?

The overall variability of a firm's returns depends on the expected return of each individual project, percentage of funds invested in each individual project, and correlation coefficient of returns between the investments.

Luca writes a daily blog about why people should eat healthy foods and ways to eat healthfully. What are the purposes of his blog? to entertain and advertise to advertise and inform to argue and inform to argue and entertain