Legal protection is granted to computer programs in which of the following forms?
a. patent
b. trademark
c. copyright
d. service mark
ANSWER: c
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Which of the following is not one of the broad principles underlying the accountant's code of professional ethics?
a. Objectivity b. Integrity c. Loyalty d. Independence
If the inflation rate in Mexico was twice the rate in the United States, but the Mexican monetary authorities kept the peso-dollar exchange rate almost constant, which of the following would be true?
A. Mexican products would be more expensive, while U.S.-made products would become comparatively less expensive. B. The high inflation rate in Mexico would mean that its products would cost less overall. C. Mexican products would be less expensive, while U.S.-made products would become comparatively more expensive. D. The high inflation rate in Mexico would increase its citizens' purchasing power. E. U.S.-made products would become less attractive to purchase.
Most people will respond to the ______ meaning, not the ______ meaning.
a. connotative; denotative b. denotative; connotative c. logical; emotional d. emotional; logical
Variable costing is more appropriate than absorption costing when the decision? ________.
A) relates to production planning within the capacity limits in the short run B) does not involve analysis of profitability based on sales mix C) does not involve analysis of contribution margin D) involves reducing fixed costs that are controllable by the upper management