Which of the following is included in the cost of constructing a building?

a. cost of paving the parking lot
b. cost of removing the demolished building existing on the land when it was purchased
c. insurance costs during construction
d. cost of repairing vandalism damage during construction


c

Business

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Which of the following is an example of the planning function of the budgeting process?

A) A budget demands integrated input from different business units and functions. B) Employees are motivated to achieve the goals set by the budget. C) Budget figures are used to evaluate the performance of managers. D) The budget outlines a specific course of action for the coming period.

Business

The inertia or resistance to change that successful firms develop is known as ______.

a. the resistance challenge b. inertia syndrome c. success syndrome d. the proactive trap

Business

Which of the following is measured by the payback period method?

A) The period for which an investment is expected to be useful B) The expected cash inflows and outflows of an investment C) The estimated length of time to recover the cost of an investment D) The economic life of an investment

Business

In administrative law, a subpoena is also called a(n):

a. writ b. order c. summons d. directive

Business