The BRIC Countries refers to a group of four countries with rapidly developing economies which are gaining economic and political power on the world stage. Which country listed below is a member of this group?

(a) Bolivia
(b) Bangladesh
(c) Belize
(d) Bahrain
(e) Brazil


(e) Brazil

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Which method assigns the same cost to all units whether sold or left in ending inventory?

a. Specific identification b. Weighted average cost c. FIFO d. LIFO

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Which of the following items would be considered a cash equivalent if it was held at the balance sheet date?

a. U.S. Treasury bill purchased when there were 90 days until maturity. b. Commercial paper with a 6-month maturity which was purchased at the issue date. c. The common stock of a company traded on the New York Stock Exchange which was purchased 30 days before the balance sheet date. d. U.S. Treasury note which matures 2 years after it is issued and which was purchased 4 months before the balance sheet date.

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Arousing strong emotion can be beneficial when it

a. makes the audience cry. b. is relevant to the topic and purpose. c. confuses the audience. d. makes the audience believe you.

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In intermodal transportation, which of the following describes the use of both water and trucks for transportation?

A) fishyback B) drawbar C) trainship D) piggyback E) airtruck

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