Personal property that is subject to a security agreement is known as ________.

A. collateral
B. mortgage
C. deed
D. intangible assets


Answer: A

Business

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Variable costs are costs that remain constant on a per-unit basis as the level of activity changes

Indicate whether the statement is true or false

Business

Which of the following statements about the Social Security cost-of-living adjustment is (are) true?

I. The amount of the adjustment is limited to a maximum of 2.5 percent annually. II. Increases are based on changes in the consumer price index. A) I only B) II only C) both I and II D) neither I nor II

Business

A firm has fixed operating costs of $525,000. The sales price per unit is $35 and its variable costs per unit is $22.50. The firm's operating breakeven point in units is ________

A) $23,330 B) $32,000 C) $42,000 D) $52,000

Business

A communication principle inherent in any organizational change effort is ______.

A. establishment of a weekly newsletter B. closely controlling disclosure of new information C. communicating what will remain the same D. engaging outside PR

Business