When the demand for automobiles is high, the demand for steel and other products needed to manufacture those cars is also high. This exemplifies the principle of ________ ________.
Fill in the blank(s) with the appropriate word(s).
derived demand
Derived demand occurs when demand for one product occurs because of demand for a related product.
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In a typical (conservative assumptions) after-tax discounted cash flow analysis, depreciation expense is assumed to accrue at
a. the beginning of the period. b. the middle of the period. c. the end of the period. d. irregular intervals over the life of the investment.
Which of the following is not a characteristic of a corporation?
A) Corporations are organized as a separate legal taxable entity. B) Ownership is divided into shares of stock. C) Corporations experience an ease in obtaining large amounts of resources by issuing stock. D) For tax purposes, a corporation's business is not separated from the stockholder.
IOLTA accounts represent:
A) multiple client funds aggregated in one interest bearing account with interest paid to the attorney. B) multiple client funds aggregated in one non-interest bearing account. C) client funds held in individual interest bearing accounts. D) multiple client funds aggregated in one interest-bearing account with interest paid to a court-designated agency like Legal Aid.
The ____________________ decides what tasks the employee will perform
Fill in the blank(s) with correct word