The higher the standard deviation, the less risk the investment has
Indicate whether this statement is true or false.
Answer: FALSE
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Premium on Bonds Payable is a balance sheet item for Ohio Products Company. How would it most likely be classified on the balance sheet?
a. An increase to a long-term liability b. Revenue c. Long-term asset d. Contra liability
An insurance company pays its employees a commission of 6 percent on each sale. What is the proper classification of the cost of sales commissions?
a. Constant cost b. Variable cost c. Mixed cost d. Fixed cost
Return on assets pricing is based on the estimated number of units to be sold
Indicate whether the statement is true or false
According to the Uniform Commercial Code, to meet the standard of merchantability, the goods must pass without objection in the trade under the contract description
Indicate whether the statement is true or false