If we enjoy tasks that we perform well, we are experience feelings of?
a. Self-control
b. Competence
c. Purpose
d. Stress
Ans: B
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Since overhead costs are indirect costs,
a. they require some process of allocation. b. they can be easily traced to production. c. a predetermined overhead rate is not advantageous. d. they cannot be allocated.
Which of the following statements is true while considering an expansion project?
A. Depreciation expenses will be deducted from the net income to calculate supplemental operating cash flows. B. The expansion project will be accepted if the net cash flows are negative. C. Shipping and installation costs associated with preparing the machine to be used to produce the new product will be part of the initial outlay. D. The cost of a product analysis completed in the previous tax year and specific to the new product will be included in the calculation of initial outlay. E. The fees of the board of directors of a firm will be considered in the relevant cash flows.
Precision Engineering Inc, like other corporations, is subject to laws that are broad in their purpose and their scope. Compliance with these laws is not always sufficient to determine "right" behavior because
a. the law does not codify all ethical requirements. b. company codes are also sources of law. c. business decisions can have negative impacts. d. ethical problems occur in business.
Which of the following can be encountered when investing in foreign markets?
I. foreign taxation of dividends II. different accounting standards for financial disclosure III. restrictions on types of investments IV. illiquid markets A) II and III only B) II and IV only C) I, II and IV only D) I, II, III and IV