When Diana went to college, tuition was $650 per semester. Now that same college charges $6,500 per semester. This number reflects a persistent increase in price known as
A. deflation.
B. interest.
C. inflation.
D. currency fluctuation.
E. recession.
Answer: C
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Relevant assertions for long-lived assets List the five management assertions relevant for long-lived assets and explain how each one is relevant
Answer the following statements true (T) or false (F)
1. A number of studies show that individuals perform better when given easier-to-reach objectives, as they are less likely to become frustrated and give up. 2. One of the must criteria in setting objectives is that they be participatively set. 3. Management by objectives has four steps. 4. Communication is the key factor in determining MBO’s success or failure
Appendices may also be called _____________
a. extras b. extended information c. attachments d. enders
Which of the following is included in the cost of constructing a building?
A) insurance costs during construction B) cost of paving parking lot C) cost of repairing vandalism damage during construction D) cost of removing the demolished building existing on the land when it was purchased