Which of the following is both an estimated liability and a contingent liability?

A) Cosignature on $500 loan
B) Current portion of long-term debt
C) Warranty liability
D) Liability for dividends


C

Business

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The FASB has set a hierarchy of inputs to consider in assessing fair value. Price taken from a recent trade on the NIKKEI of an index stock would fall under which level?

a. Level 0. b. Level 1. c. Level 2. d. Level 3.

Business

Which of the following would be considered predatory pricing?

A) a company that prices it products below cost to get rid of a surplus B) a company that prices below cost to drive out competitors C) a company that offers a volume discount D) a company that offers the suggested retail price on the manufacturer's package E) a company that offers real-time pricing online

Business

Studies have shown that project managers with higher ________, have stronger leadership tendencies and are more successful in influencing the project outcomes.

A. emotional intelligence B. egocentrism C. groupthink tendencies D. external locus of control

Business

The Internal Revenue Code includes which of the following assets in the definition of Sec. 751 properties?

A) inventory, which is substantially appreciated B) cash C) capital assets D) Sec. 1231 assets

Business