Which of the following statements is true of the Chinese economy?
A) The United Kingdom is China's largest trading partner.
B) The Chinese economy has been converted to a communist controlled system from a free-market system.
C) The Chinese economy started growing tremendously during the Mao era.
D) The Chinese are the biggest global supplier of consumer goods.
Answer: D) The Chinese are the biggest global supplier of consumer goods.
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To hold your audience's attention during the body of your speech, you should
A) make at least seven or eight main points. B) include numerous abstract ideas. C) relate your subject to your audience's needs. D) repeat the same words and phrases. E) incorporate humor.
Comprehensive income is
a. considered an appropriation of retained earnings when reported in the stockholders' equity section of the balance sheet. b. the result of all events and transactions that affect income during the accounting period that are reported on the income statement. c. reporting all items that are not under management's control on the statement of retained earnings. d. an all-inclusive approach to income that includes transactions that affect stockholders' equity with the exception of those transactions that affect owners.
All of the following are used in estimating a depreciable asset's useful life except
A) the asset's present condition. B) the useful life required by the government for tax purposes. C) experience with similar assets. D) current technology and industry trends.
Guaranteed wages and salary increases based on the amount of time the employee has spent with the organization are called
a. Skill–based pay b. Job content-based pay c. Performance-based pay d. Seniority-based pay