Which of the following is a demographic variable?

A) generation
B) personality
C) fensity
D) nationality


A

Business

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Which of the following accounting changes is always accounted for prospectively?

A. change in accounting estimate B. change in reporting entity C. change in accounting principle D. correction of an error

Business

Carmel Corporation is considering the purchase of a machine costing $36,000 with a 6-year useful life and no salvage value. Carmel uses straight-line depreciation and assumes that the annual cash inflow from the machine will be received uniformly throughout each year. In calculating the accounting rate of return, what is Carmel's average investment?

A. $18,000. B. $6,000. C. $21,000. D. $36,000. E. $7,000.

Business

Amanda is a cab driver. Her taxi license will expire at midnight on August 8

The applicable law requires that she apply for continuation of the license at least 30 days prior to expiration and that a decision regarding continuation or denial must be made in a timely fashion. Her application was made in a timely manner. It is now August 9 and she has not heard from the licensing board. a. Her license is expired and she may not legally operate a taxi. b. Her license is automatically renewed for up to 30 days, allowing her to resubmit her application for continuance. c. Her license is automatically renewed until the decision on the renewal is made. d. Her license is automatically renewed as if the continuation had been approved.

Business

A job interview provides an opportunity for you to do all of the following except A) expand on the information in your résumé

B) convince the employer of your potential. C) meet with all the company's employees. D) learn more about the job and the company.

Business