The purchase of 48 shares of stock is considered a(n) ________ transaction
Fill in the blank(s) with the appropriate word(s).
Answer: odd-lot
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Define the feasibility measures that should be considered during project analysis and give an example of each
Which of the following statements is incorrect?
a. The North American Industry Classification System (NAICS) was created jointly by the United States, Canada, and Mexico. b. For the NAICS, economic units with similar production processes are classified in the same industry, and the lines drawn between industries demarcate differences in production processes. c. NAICS provides enhanced industry comparability among the three NAFTA trading partners. d. NAICS divides the economy into twenty sectors. e. In most sectors, NAICS provides for compatibility at the industry (six-digit) level.
Which of the following statements is true regarding the salary of the manager of a fast food hamburger restaurant?
A. The salary is a fixed cost that is directly traceable to the cost of making hamburgers. B. The salary is a variable cost that cannot be traced to the cost of operating a specific restaurant. C. The salary is a variable cost that is directly traceable to the cost of operating a specific restaurant. D. None of the answers are correct.
Control is the process of setting goals and determining ways to achieve them.
Answer the following statement true (T) or false (F)