Which of the following is generally not a good reason for using credit?

A)

To increase your consumption benefits
B)

If you expect prices will fall in the future
C)

As a shopping convenience
D)

As a source of emergency funds


B

Business

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Concerning FASB membership, which statement is not true?

A) Not all members are CPAs from public practice. B) All members are full time and fully paid. C) All members are also members of the Financial Accounting Foundation. D) All members must sever organizational ties with their previous employer.

Business

Opportunity costs are irrelevant costs

Indicate whether the statement is true or false

Business

How do some employers view your online presence when applying for a job?

Business

A long-term investment in debt securities is carried at

A) cost B) lower of cost or market C) equity D) market

Business