Question : 41.Changes in accounting methods must be disclosed in three prominent : 1241758

41.Changes in accounting methods must be disclosed in three prominent places. These are a.the auditor’s report, financial statement notes, and the balance sheet. b.financial statement notes, the income statement, and the auditor’s report. c.the balance sheet, the income statement, and the statement of cash flows. d.notes to financial statements, the management letter, and the income statement. 43.Makar Corporation reported […]

March 10, 2023

Economics

Question : 11.Which true of globalized R&D? a.Is often known as innovation-avoidance expense. b.One : 1332124

11.Which is true of globalized R&D? a.Is often known as innovation-avoidance expense. b.One way to access such a high technology and research-rich cluster is to avoid FDI. c.R&D work performed by different locations and teams around the world virtually guarantees failure. d.For large firms, there are actually diminishing returns for R&D. e.Global virtual teams, which do not meet face to face, may overcome communication […]

March 10, 2023

Economics

Question : 11) The demand curve for pizza downward sloping and the : 1239171

11) The demand curve for pizza is downward sloping and the supply curve is upward sloping. If the government imposes a $2 tax on a pizza, ________ the tax. A) only consumers pay B) only producers pay C) both producers and consumers pay part of D) neither producers nor consumers pay part of E) the government pays 12) Neither the demand nor the supply […]

March 10, 2023

Economics

Question : 21) Modules such as collections, debt management, travel and expense : 1283711

21) Modules such as collections, debt management, travel and expense management, and installment payments, are usually found in a ________. A) supply chain management system B) financial management system C) human capital management system D) customer relationship management system 22) An enterprise information system that supports financial accounts and processes, including accounts payable, accounts receivable, procurement, cash management, budget planning, assets, general […]

March 10, 2023

Economics

Question : 14.4 Long-Run Cost 1) Which of the following statements true? A) In : 1226144

14.4 Long-Run Cost 1) Which of the following statements is true? A) In the long run, the average cost curve is always downward sloping. B) In the long run, the quantities of all inputs are fixed. C) In the long run, the firms’ fixed costs are greater than its variable costs. D) In the long run, all costs are variable costs. E) In […]

March 10, 2023

Economics

Question : 21) The figure above shows Sarah’s budget line. Sarah earns : 1226124

21) The figure above shows Sarah’s budget line. Sarah earns $500 per week selling baskets made out of tree vines. With this money she buys sushi and rose bushes. Each piece of sushi costs $1 and each rose bush costs $10. Sarah will be at what point on her budget line if she spends $300 per week on rose bushes? A) Point a B) Point […]

March 10, 2023

Economics

Question : 71.Winslow Inc. determined it had sold products during the month : 1302852

71.Winslow Inc. determined it had sold products during the month but not collected all of the amounts owed. Where will this amount owed be reflected in the master budget for the month? A.On the budgeted balance sheet in the assets section B.On the budgeted income statement C.As part of the cash receipts section of the cash budget D.As a reduction of inventory to […]

March 10, 2023

Economics

Question : 21) Refer to Figure 21-2. The APC will be equal : 1384366

21) Refer to Figure 21-2. The APC will be equal to one (1.0) when disposable income is A) $0. B) $1000. C) $2000. D) $3000. E) Not enough information to determine. 22) Refer to Figure 21-2. Which of the following is the correct equation for the consumption function depicted in the figure? A) C = 500 + (2/3)YD B) C = (0.5)YD C) C […]

March 10, 2023

Economics

Question : 21) If government purchases $400 million, taxes $700 million, and : 1388373

21) If government purchases are $400 million, taxes are $700 million, and transfers are $200 million, which of the following is true? A) Public saving is $500 million. B) The budget deficit is $100 million. C) The budget deficit is $500 million. D) Public saving is $100 million. 22) Which of the following will increase investment spending in the economy, holding […]

March 10, 2023

Economics

Question : 31) When the price of audio books, a normal good, : 1387691

31) When the price of audio books, a normal good, falls, causing your purchasing power to rise, you buy more of them due to A) the substitution effect. B) the income effect. C) the deadweight loss effect. D) the elasticity effect. 32) When the price of summer tank tops falls and you buy more of them because they are relatively less expensive, […]

March 10, 2023

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