The ________ of a service means that it cannot be perceived through the five senses before it is produced and consumed
A) utility
B) warranty
C) tangibility
D) intangibility
E) variability
D
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Which one of the following statements is true?
a. Recognition is concerned with the dollar amount of each economic effect that should be reported in the financial statements. b. Measurement is concerned with how economic effects should be quantified. c. The stability concept is concerned with identification of the specific entity for which economic effects are to be recognized and measured. d. The monetary unit assumption is concerned with the valuation of economic effects in terms of current purchasing power.
Should you identify the title of a CD-ROM?
a. italic b. bold c. underline d. quotation marks
The BEST approach to network representation of a large and hugely complex project is to:
A) Represent all activities and relationships. B) Simplify network logic and reduce it to the most meaningful relationships. C) Use AOA. D) Use AON.
In the real world, dividends
A. are usually more stable than earnings. B. fluctuate more widely than earnings. C. tend to be a lower percentage of earnings for mature firms. D. are usually changed every year to reflect earnings changes, and these changes are randomly higher or lower, depending on whether earnings increased or decreased. E. are usually set as a fixed percentage of earnings, e.g., at 40% of earnings, so if EPS = $2.00, then DPS will equal $0.80. Once the percentage is set, then dividend policy is on "automatic pilot" and the actual dividend depends strictly on earnings.