Adam Smith, in The Wealth of Nations, said the capitalistic system was composed of institutions which include all but which of the following?
A) Economic motivation
B) Free enterprise
C) Labor
D) Limited government
C
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Delisa invests office equipment with a fair market value of $70,000, delivery equipment with a fair market value of $89,000, and cash of $54,000 . She owes $68,000, represented by a note on the delivery equipment. If Delisa's office equipment cost $80,000 and has accumulated depreciation of $30,000, the amount at which the asset should be entered on the books of the new partnership would be
a. $50,000. b. $70,000. c. $80,000. d. $89,000.
Private health care organizations follow ________ standards while governmentally owned health care organizations follow ________ standards.
A. FASB; GASB. B. GASB; FASAB. C. GASB; FASB. D. FASB; FASAB.
Exploratory research is used in all of the following cases except ________
A) selecting the course of action to take in a given situation B) when you must define the problem more precisely C) when you must identify relevant courses of action D) when you must gain additional insights before an approach can be developed
Which one of the following is not one of the systematic maladies or “illnesses” to which teams are especially vulnerable?
a. groupthink b. free-riding c. social loafing d. virtual communication breakdown