The most distinguishing characteristic of services is:

A. Perishability
B. Intangibility
C. Comparability
D. Divisibility
E. Heterogeneity


Answer: B

Business

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The efficient market hypothesis assumes that

A. there are only a few buyers and sellers in a stock market and stocks are illiquid. B. there are many buyers and sellers in a stock market and stocks are illiquid. C. there are only a few buyers and sellers in a stock market and stocks are liquid. D. there are many buyers and sellers in a stock market and stocks are liquid.

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On July 1, 2016, Falcon Company received a $20,000 promissory note from Jordyn Company. The annual interest rate is 5%. Principal and interest are paid in cash at the maturity date of June 30, 2017. If Falcon's fiscal year ends September 30, 2016, an adjusting entry is needed to:

a. Increase interest revenue by $1,000 b. Increase notes receivable by $250 c. Increase interest receivable by $250 d. Increase notes receivable by $1,000

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What are semantics? How might misunderstandings arise in semantics?

What will be an ideal response?

Business

Regarding the nations and regions from which FDI originated, the ____________ invest primarily in one another, just as they trade more with one another.

What will be an ideal response?

Business