Which one of the following types of markets requires the greatest level of trading activity to be cost-effective?
A. broker market
B. dealer market
C. continuous auction market
D. direct search market
C. continuous auction market
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Which of the following is true of the product life cycle (PLC)?
A) All products generally go through all five stages of the PLC. B) All products pass through the stages of PLC in the same order. C) It is generally difficult to forecast the sales level at each PLC stage. D) The PLC concept can be applied to styles but not to fashions and fads. E) Product forms have longer life cycles than product classes.
Firms treat expenditures as assets when they:
a. have acquired rights to the future use of a resource as a result of a past transaction or event. b. can reliably measure the cost of the expected benefits at the time of initial recognition. c. can exercise the entity's right to, or control of, the benefit. d. can obtain the future service potential and control others' access to it. e. all of the above
Answer the following statement(s) true (T) or false (F)
6. Change in an organization is decided and executed by senior leadership. 7. Everyone in an organization is involved in and takes leadership responsibility for change in that organization. 8. Change management is a fairly recent area of study and discipline. 9. Change management theory and analysis is a recent area of study. 10. The case study involving Teachers College, Columbia University, is based on an open system theory of organization
The client is a corporation which uses high-tech equipment to manufacture its product. Because of the high level of wear and tear due to long production runs and frequent technology changes, the client usually replaces the equipment every two years. According to IRS guidance, the MACRS life of the equipment is five years. In order to accelerate depreciation deductions, which tax depreciation option should the client elect?
A. units-of-production method B. alternative depreciation system (ADS) C. MACRS with a straight-line election D. regular MACRS treatment