The term _____ refers to a market structure with many competitors selling differentiated products; the barriers to enter such a market structure are low.
A. monopolistic competition
B. monopoly
C. oligopoly
D. pure competition
Answer: A
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[APPENDIX] A decrease in deferred taxes (liability) would appear on the statement of cash flows, prepared using the indirect method as a(n)
a. addition to net income in the operating activities category. b. deduction to net income in the operating activities category. c. inflow of cash in the financing activities category. d. outflow of cash in the financing activities category.
On January 1, Fashion Forward Magazine received $15,000 from subscribers for the annual subscriptions that it recorded in Unearned Subscription Revenue. The issues of the magazine are mailed to subscribers quarterly. What amount of subscription revenue should the magazine recognize on March 31 when the first issue is sent in March?
A. $1,250. B. $0. C. $7,500. D. $3,750. E. $15,000.
Which of the following statements is true of conflicts of interests?
A. Cross-selling of consulting services reduces conflicts of interests. B. Legal protection cannot shield professionals from conflicts of interests. C. Excessive executive compensation involves conflicts of interests. D. Self-interest makes it easy for individuals to fulfill their gatekeeper duties.
E-mail systems, unlike instant messaging systems, do provide capabilities of an incident management system, so analysts aren't typically required to record any status updates obtained via e-mail in the service desk's incident management system.
Answer the following statement true (T) or false (F)