Business

The bulk of costs related to legal expenses come from: a. Photocopying b. Online research through legal subscription services c. Attorney's and paralegal's time d. Filing fees
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Internal resources, such as the legal department, training department, information technology department, tend to be under-utilized, leading to a death spiral, when: a. the internal pricing system utilizes full costs b. All of the answers are correct c. managers may decide to reduce the quantity of services used d. the internal pricing system seeks to recover sunk costs e. managers may choose whether to purchase the service internally or externally
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0/1 Question 5 In the country of Mainia, only cranberries and maple syrup are produced. In 2006, 50 units of cranberries are sold at $20 per unit, and 100 units of maple syrup are sold at $10 per unit. The price of cranberries was $10 per unit and the price of maple syrup was $15 per unit in 2005, which is the base year. For 2006, a. nominal GDP is $2,000, real GDP is $2,000, and the GDP deflator is 100. b. nominal GDP is $2,000, real GDP is $2,500, and the GDP deflator is 125. c. nominal GDP is $2,500, real GDP is $2,000, and the GDP deflator is 83.3. Selected:d. None of the above is correct.
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The supply function for good X is given by Qxs = 1,000 + PX - 5PY - 2PW, where PX is the price of X, PY is the price of good Y and PW is the price of input W. If the price of input W increases by $10, then the supply of good X
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Rovermand Corporation is a small organization in which each member of the company is clear about his or her responsibility and whom he or she must report to. The best feature of the organization is the quick decision making, owing to its simple and direct chain of command. In the context of organization models, Rovermand Corporation is a _____ organization.a. parallelb. matrixc. lined. front
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Suppose that your employee Richard has been having trouble with the paperwork he must do for his job. Your goal is for the employee to improve his performance; i.e. decrease his rate of errors. You are considering two approaches: Option 1 is to spend time with Richard every day helping him with his job and appreciating him every time he performs well. This is an appealing option to Richard because he appreciates the attention and sees it as a reward. Option 2 is to tell Richard that he would not be entitled to any incentive until his performance improves. Option 1 in the scenario above is an example of____________.a. negative reinforcement.b. extinction.c. punishment.d. none of the abovee. positive reinforcement.
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Which of the following accounts is an asset?A.Service RevenueB.Accounts PayableC.Prepaid ExpenseD.Salaries Expense
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Kevin analyzes the quarterly earnings statements of some fifty obscure small-cap stocks. He then buys according to the earnings pattern disclosed. If he can generate consistent abnormal returns in this manner then this is a failure of:_______. a) weak form efficiency.b) semi-strong form efficiency.c) strong form efficiency.d) all of the above.e) none of the above.
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E-trex, Inc. wanted Prince, a professional basketball player, to endorse its products. Prince, however, was not interested. E-trex was not deterred and hired a person who looked and sounded liked Prince for its commercials.a.E-trex has defamed Prince.b.E-trex has interfered with a contract.c.E-trex has interfered with a prospective advantage.d.E-trex's conduct raises the issue of commercial exploitation.
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Why do you think tobacco companies are prohibited from displaying themselves on clothing?
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The Brainchild is a store that specializes in educational toys for children. In order to increase the probability of customers visiting the store, it has now introduced offers such as discounts, gift wrapping, and free shipping. The Brainchild is looking to increase the chances of customer purchases by ________.
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On June 30, Coral, Inc. finished Job 750 with total job costs of $ 4 comma 500, and transferred the costs to Finished Goods Inventory. On July 6, Coral sold goods to a customer for $ 5 comma 500 cash. Which of the following is the correct journal entry to record the cost of goods sold? Assume the perpetual inventory system is used. A. debit Finished Goods Inventory $ 4 comma 500 and credit Cost of Goods Sold $ 4 comma 500 B. debit Cost of Goods Sold $ 4 comma 500 and credit Finished Goods Inventory $ 4 comma 500 C. debit Cost of Goods Sold $ 4 comma 500 and credit WorkminusinminusProcess Inventory $ 4 comma 500 D. debit WorkminusinminusProcess Inventory $ 4 comma 500 and credit Cost of Goods Sold $ 4 comma 500
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RSRAll payables are listed as:ation-O A. Stockholders' Equity.O B. revenue.O c. assets.Q D. liabilities.REhtARRESRHERESEEHELERRLEME
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Millishk, a creamery that produces ice cream and yogurt, has a production facility in every country it operates in. The company uses different ingredients for the manufacture of its products based on local preferences. In the company's management structure, each production facility is considered a department. Given this information, Millishk most likely follows _____A) functional departmentalizationB) geographic departmentalizationC) customer departmentalizationD) product departmentalization
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If a person works on a ship for a cruise line headquartered in the country where he was born and resides, then he is a Answers: A. PCN B. HCN C. TCN D. not enough information
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Which of the following is a true statement? A. Most economists believe that increases in real GDP actually produce decreases in overall economic well-being because of spillover costs.B. Economists who support economic growth say that it is the most practical route to the higher standards of living that the vast majority of people desire.C. Most economists believe that the recent rise in the average rate of productivity growth implies an end to the business cycle.D. Mainstream economists disagree as to whether the rate of productivity growth was higher between 1995 and 2009 or between 1973 and 1995.
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An assumption that makes an economic model simpler without affecting its conclusions in important ways is A. an indication of a positive assumption B. an efficient assumption C. useful in disguising the valid conclusions D. a simplifying assumption E. a critical assumption
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Which of the following NOT a reason firms are expanding their supply bases to include foreign suppliers?a. Lower product costb. Lower shipping rates due to lower tariffsc. Better product qualityd. Overseas supplier holding the patent to the product
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An index has a market value of $689,400 at the beginning of the period and $722,009 at the end of the period. If you want the beginning index value to be 100, what is the ending index value?
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Pietro, the vice president of marketing, is talking to Ryan, a sales manager in a foreign office, about several local situations that Ryans reps are facing in their territory. Pietro tells Ryan that he believes there are differences and similarities between home and foreign personnel and practices, and that Ryan should use whatever techniques are most effective. Pietro is a(n) ________ manager.a. parochialb. globalc. geocentricd. polycentrice. ethnocentric
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A business administrator in a school is determining how classes will be scheduled, which rooms will be allocated, and who will teach each subject in the curriculum. Which of the following management functions is illustrated in this scenario?a. Leadingb. Controllingc. Organizingd. Planning
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As a store manager, Leah has to play the role of negotiator, such as purchasing products at a fair price for her company. As she handles this responsibility, Leah is playing the ________ role.disseminatordecisionalleadershipbargainerinterpersonal
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A small computing center has found that the number of jobs submitted per day to its computers has a mean of 94 jobs and a standard deviation of 10. Where do we expect the number of jobs per day to fall most of the time (95.4%)?
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Daniel, the owner of a bookstore, decides to reinvest his personal profits from the current fiscal year toward renovating the store and expanding its inventory. In the context of owners' equity, the profits that Daniel reinvests in the bookstore are called:A. bonus shares.B. retained earnings.C. current liabilities.D. equity releases.
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