Which of the following sections is not considered a part of a federal agency's performance and accountability report?

A. Management's discussion and analysis.
B. Basic financial statements.
C. Annual performance report.
D. Statistical section.


Answer: D

Business

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Which of the following accounts is not classified as a current liability?

a. Note payable, due in three (3) years b. Taxes payable c. Salaries payable d. Accounts payable

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A depth interview is conducted by a trained moderator among a small group of respondents in an unstructured and natural manner

Indicate whether the statement is true or false

Business

Mickey Tire Company makes a special kind of racing tire. Variable costs are $220 per unit, and fixed costs are $30,000 per month. Mickey sells 500 units per month at a sales price of $300. If the quality of the tire is upgraded, the company believes it can increase the sales price to $340. If so, the variable cost will increase to $230 per unit, and the fixed costs will rise by 50%. If Mickey decides to upgrade, how will operating income be affected?

A) Operating income will decrease by $15,000. B) Operating income will decrease by $5000. C) Operating income will increase by $5000. D) Operating income will remain the same.

Business

Pass-along occurs when a customer makes a recommendation for a specific brand to another customer and may include advice or suggestions against a brand.

Answer the following statement true (T) or false (F)

Business