The operations of Metal Refining Industries, Inc., are major sources of air pollution. These operations must use

A. the absolutely cleanest air technology.
B. the best available filter technology.
C. the maximum achievable control technology.
D. the most affordable scrubbing technology.


Answer: C

Business

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Digital information fluency is often expected of employees by employers

Indicate whether the statement is true or false.

Business

Dawson Electronic Services had revenues of $80,000 and expenses of $50,000 for the year. Its assets at the beginning of the year were $400,000. At the end of the year assets were worth $450,000. Calculate its return on assets.

A. 20.0%. B. 7.1%. C. 7.5%. D. 18.8%. E. 6.7%.

Business

In its first year of operations, Lear Company reported financial statement income (prior to income tax expense) of $100,000 . In the same year, Lear Company reported $80,000 of taxable income, the difference being due to temporary differences. Assuming the enacted tax rate for the current year and all future years is 30%, what is Lear's current year adjustment for deferred income taxes?

a. Debit to Deferred Income Tax Liability for $6,000 b. Debit to Income Tax Expense for $6,000 c. Credit to Income Taxes Payable for $6,000 d. Credit to Deferred Income Tax Liability for $6,000 e. Credit to Income Tax Expense for $6,000

Business

The concept of "McDonaldization" that was described by George Ritzer refers to _____

Fill in the blank(s) with the appropriate word(s).

Business