Prices of products are often higher in a foreign country than the home country due to transportation charges, taxes, tariffs, and exchange rate fluctuations. This change in price from home country to foreign country is referred to as ________.

A. cost-plus pricing
B. price escalation
C. market price
D. price scaling
E. cost-based pricing


Answer: B

Business

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The MACRS differs from straight-line depreciation computed for financial reporting. In this respect, which of the following is not true?

A) The MACRS uses longer asset lives. B) The MACRS ignores residual value. C) The MACRS decreases the income taxes payable in the early years of an asset's life. D) The MACRS accelerates cost recovery.

Business

Confidence intervals may be very narrow when:

A) the sample size is large and variability is low B) the sample size is small and the variability is low C) the sample size is large and the variability is high D) the sample size is small and the variability is high E) the sample size is average and the variability is higher than average

Business

A(n) ________ is a document that grants a person the right to enter on another's property for a specified and usually short period of time

A) title insurance B) easement C) license D) deed

Business

The ABA Model Code of Professional Responsibility has a format of __________, __________, and __________.

Fill in the blank(s) with the appropriate word(s).

Business