The effect of recording depreciation for the year is a(n)
A. decrease in assets and a decrease in net income.
B. decrease in assets but no change in owners' equity.
C. increase in assets and an increase in net income.
D. decrease in net income and no change in assets.
Answer: A
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Marketers must know the needs and wants of their customers. Which of the following presents the most accurate picture of the typical elderly consumer today?
A) Most are old, infirm, depressed, stay-at-home people who live a hand-to-mouth existence. B) Most are active, interested in what life has to offer, and are enthusiastic consumers with the means and willingness to buy many goods and services. C) Most live with their children, have little savings, and have an increasingly difficult time adjusting to the changing technical world around them. D) Most have refused government support and are going through a hermitization process. They don't trust anyone under 60.
Christopher is running late for school. As he has done every day since school started, he grabbed a banana for breakfast. Christopher has made an/a ______ decision.
A. nonprogrammed B. executive C. strategy D. programmed
Which of the following is defined as a performance goal that can be met by adding up individual contributions?
A. synergy B. collective effect C. additive task D. reciprocal interdependence
Consider the estimated aggregate demand for a company’s ski product line for the upcoming year in the following table. Calculate the total costs for the month of March using the level production strategy. Assume the regular time production cost as $200/pair of skis, and the average monthly inventory holding cost is $20/pair of skis per month.
A. $810,000
B. $900,000
C. $880,000
D. $850,000