The accumulation of past income, natural resources, and financial resources is known as

A. income.
B. collected income.
C. credit.
D. wealth.
E. savings.


Answer: D

Business

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A written document describing all relevant internal and external elements and strategies for starting a new venture, best describes:

A. a business plan. B. an executive summary. C. a feasibility study. D. an environmental analysis.

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One full-time clerical worker is needed for every 750 accounts receivable. The total wages of the accounts receivable clerks is an example of a:

A. step-variable cost. B. curvilinear cost. C. mixed cost. D. fixed cost.

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When deciding on the visual portion of a print ad, an advertiser must determine

A. the requirement for a needledrop. B. the headline of the copy. C. the identification marks to be included. D. the length of the ad copy. E. the content in the body copy.

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Finance companies face much stricter regulations than commercial banks

Indicate whether the statement is true or false

Business