It is estimated that the average lifespan of a company in the Standard and Poor’s 500 is now roughly ______ years.

a. 12
b. 20
c. 50
d. 100


a. 12

Business

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The cost of activities that are incurred to correct defective products before they are shipped are:

a. prevention costs. b. appraisal costs. c. internal failure costs. d. external failure costs.

Business

In 1806, a group of Philadelphia shoemakers was convicted of ____________________ for joining together and refusing to work unless their terms were met.

A. Illegal assembly B. Tyranny C. Unpatriotic actions D. Illegal conspiracy

Business

Which of the following is a type of regulation against hiring foreign workers?

A. most-preferred-nation treatment B. ultra vires rule C. percentile legislation D. nolo contendere

Business

The journal entry to replenish a petty cash fund includes a debit to the Petty Cash account and a credit to the Expense account

Indicate whether the statement is true or false

Business