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Ibrahim Sims
Business
The use of activity-based costing information to support the decision-making process is known as:
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Brody Jordan
Business
An example of an internal control is?
A. The use of a bank account
B. The use of pre numbered checks
C. The use of checks wit reference source documents
D. All of the above
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Dwayne Ross
Business
Using the payoff matrix, and assuming no collusion between X and Y, what is the likely pricing outcome? A. Both firms will set the price at $35. B. Both firms will set the price at $40. C. Firm X will charge $35 and firm Y will charge $40. D. Firm X will charge $40 and firm Y will charge $35. Price collusion is mutually profitable because each firm achieves A. higher profits. B. increased sales. C. lower costs. D. higher productivity.
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Simon Estrada
Business
Matador Company purchases $1,300 of equipment from Danger Mouse Inc. for cash. Theeffect on the components of the basic accounting equation of Matador Company is
a. an increase in assets and liabilities.
b. a decrease in assets and liabilities.
c. no change in total assets.
d. an increase in assets and a decrease in liabilities.
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Vincent
Business
Imagine an economy of 10 individuals. their annual incomes are reported below. approximately what percentage of this economy's income is held by the poorest 40% of the population? name income name income john $1000 bob $300 kitty $800 salman $700 walter $200 dora $600 steve $500 anna $100 samuel $800 oprah $900
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Maximus Stewart
Business
Identify the costs associated with buying a home
A. maintenance costs
B. down payment
C. closing costs
D. all of the above
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Billie
Business
The CPI is 120 in year 1 and 150 in year 2. All inflation is anticipated. If Gringotts Bank charges an interest rate of 20.00 percent in year 2, the bank's real interest rate is nothing %. (Round your response to two decimal places and include a minus sign if necessary. )
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Guest
Business
If a monopolist increases quantity by one unit, but sells the increased output at a slightly lower price:
A. all the previous units, which used to sell at a higher price, now sell for more.
B. the marginal revenue of selling a unit is more than the price of the unit.
C. because of higher output, the marginal revenue curve is above the demand curve.
D. marginal revenue is affected by adding one additional unit sold at the new price.
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Braxton Pratt
Business
Which product was first available for purchase in the 1920s?
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Jaqueline Hess
Business
Why do you think tobacco companies are prohibited from displaying themselves on clothing?
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Skyler Carlson
Business
Which of the following is NOT one of the three basic economic questions?
A. what to produce
B. how to produce it
C. where to produce it
D. who will consume what is produced
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Beckham Decker
Business
Temporary disability: Is the state that exists when it is probable that an injured worker, who is currently unable to work, will be able to resume gainful employment with no or only partial disability? Exists when an injured employee's disability is such that he or she cannot compete in the job market.
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Dutches
Business
You are an employee of a U. S. firm that produces personal computers in Thailand and then exports them to the United States and other countries for sale. The personal computers were originally produced in Thailand to take advantage of relatively low labor costs and a skilled workforce. Other possible locations considered at the time were Malaysia and Hong Kong. The U. S. government decides to impose punitive 100 percent ad valorem tariffs on imports of computers from Thailand to punish the country for administrative trade barriers that restrict U. S. exports to Thailand. How should your firm respond? What does this tell you about the use of targeted trade barriers?
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Grace Dunn
Business
On December 31, Strike Company sold one of its batting cages for $55,000. The equipment had an initial cost of $310,000 and has accumulated depreciation of $260,000. Depreciation has been taken up to the end of the year. What is the amount of the gain or loss on this transaction? a. loss of $55,000 b. loss of $5,000 c. gain of $5,000 d. gain of $55,000
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Guest
Business
Which stage of economic development is a time of change from the traditional way of doings things in a society to moving toward economic and cultural change?
Question 5 options:
Takeoff
Primitive equilibrium
Semidevelopment
Transition
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