If fixed costs were to double unexpectedly, the break-even point would be
A) unaffected.
B) doubled.
C) halved.
D) increased by a factor of four.
E) None of the above
B
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Disagreeing about information that could be veri?ed easily can result in this type of con?ict
A) need B) pseudo C) ego D) fact
Bad Debt Expense is also called the Provision for Bad Debts and the Provision for Uncollectible Accounts. Provision in this context refers to
a. a liability in U.S. GAAP, not an expense; that provision in IFRS refers to an expense whose timing or amount, or both, are uncertain. b. an expense in U.S. GAAP, not a liability; that provision in IFRS refers to an expense whose timing or amount, or both, are uncertain. c. an liability in U.S. GAAP, not an expense; that provision in IFRS refers to a liability whose timing or amount, or both, are uncertain. d. an expense in U.S. GAAP, not a liability; that provision in IFRS refers to a liability whose timing or amount, or both, are uncertain. e. none of the above.
Carlos owns a store in Polk County. His trade extends throughout River City, but not beyond the county limits. He sells his store to Virginia and, as part of the transaction, agrees not to engage in the same business anywhere in River City for a period of two years. In this case:
a. the geographic restraint is reasonable. b. this agreement is unreasonable. c. the agreement unduly interferes with the interest of the public. d. Two of these.
Which of the following is an industry where violations of intellectual property rights are still prevalent in China?
a. electronics industry b. food-retailing industry c. book-publishing industry d. furniture-making industry