The noun economics ____

A) is usually singular
B) is usually plural
C) may be singular or plural


A

Business

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Budgeted sales commissions would appear on the:

A. selling, general and administrative budget and pro forma balance sheet B. sales budget and pro forma income statement C. sales budget and pro forma balance sheet D. selling, general and administrative budget and pro forma income statement

Business

Which of the following items is not used by natural resource companies to estimate the asset value of natural resources over the life of the resource, e.g., oil or coal?

a. Reserves. b. Depletion rate. c. Reclamation expense. d. Restoration rate

Business

Routing Solutions paid $233,000 to acquire Tabletz Company, an electronic gadget-advertising website. At the time of the acquisition, Tabletz's balance sheet reported total assets of $233,000 and liabilities of $116,500. The fair market value of Tabletz's assets was $233,000. The fair market value of its liabilities was $116,500. How much goodwill did Routing Solutions purchase as part of the acquisition of Tabletz?

A) $233,000 B) $58,250 C) $116,500 D) $174,750

Business

In a traditional environment, costs are tracked through the various production departments as products or services move through the production process

Indicate whether the statement is true or false

Business