Jamie's hamburger restaurant had financial gains from an asset or capability that are in excess of the ordinary returns in that industry. This is called a(n) ________.

A. economic rent
B. good business decision
C. venture capability
D. extraordinary asset


Answer: A

Business

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______ planning approaches can be used for developing a sales and operations plan.

A. Three B. Two C. Four D. Five

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PQR Corporation has taxable income before DRD of $60,000 that includes a dividend of $10,000 from a large publicly-traded domestic corporation. What is the tax liability of PQR Corporation?

A. $10,500. B. $11,500. C. $12,600. D. $11,235.

Business

A data flow diagram offers a logical and graphical model of information flow, partitioning a system into modules that show manageable levels of detail

Indicate whether the statement is true or false

Business

In a job-order costing system, which of the following events would trigger recording data on a job cost sheet?

A. the payment for product advertising B. the payment of fire insurance on the factory building C. the purchase of direct materials D. none of the choices

Business