Imposing regulations that gradually limit the exercise of ownership rights is referred to as:

a. gradual expropriation.

b. indirect expropriation.

c. creeping expropriation.

d. gradual nationalization.


c

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Jody loaned her neighbor, Phil, her snow blower. Phil set it near his driveway, and later accidentally ran over and destroyed it. In a suit to recover damages, Jody as plaintiff has the burden of proving that Phil was negligent and caused the destruction of her snow blower

a. True b. False Indicate whether the statement is true or false

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After their annual performance appraisals, Nathan and Danny, copy editors at a travel magazine, were given lump sum payments to reward them for their excellent job performance in all four quarters of the last fiscal year. Given this information, Nathan and Danny were most likely paid _____.

A. salaries B. wages C. commissions D. bonuses

Business

Neuhaus Corporation manufactures one product. It does not maintain any beginning or ending Work in Process inventories. The company uses a standard cost system in which inventories are recorded at their standard costs. There is no variable manufacturing overhead. The standard cost card for the company's only product is as follows:InputsStandard Quantityor HoursStandard Priceor RateStandard CostDirect materials1.7gallons$7.50per gallon$12.75Direct labor0.70hours$21.50per hour 15.05Fixed manufacturing overhead0.70hours$6.00per hour 4.20Total standard cost per unit     $32.00During the year, the company completed the following transactions:a. Purchased 52,900 gallons of raw material at a price of $7.60 per gallon.b. Used 46,820 gallons of the raw material to produce 27,600 units of

work in process.Assume that all transactions are recorded on the below worksheet, which is similar to the worksheet shown in your text except that it has been divided into two parts so that it fits on one page. The beginning balances in each of the accounts have been given. PP&E (net) stands for Property, Plant, and Equipment net of depreciation.?CashRaw MaterialsWork in ProcessFinished GoodsPP&E (net)?1/1$1,160,000$45,900$0$67,200$757,400=a.?????=b.?????=?Materials Price VarianceMaterials Quantity VarianceLabor Rate VarianceLabor Efficiency VarianceFOH Budget VarianceFOH Volume VarianceRetained Earnings1/1$0$0$0$0$0$0$2,030,500a.???????b.???????When recording the raw materials purchases in transaction (a) above, the Raw Materials inventory account will increase (decrease) by: A. $402,040 B. $396,750 C. ($396,750) D. ($402,040)

Business

Which of the following would not be included under data analysis?

a. measuring uncertainty b. data description c. data inference d. search for relationships

Business