Which of the following is not an aspect of the "dark side" of entrepreneurship?
a. confrontation with risk
b. stress
c. entrepreneurial ego
d. bouts of euphoria
ANSWER: d
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Standard costing will produce the same income before extraordinary items as actual costing when standard cost variances are assigned to:
a. Work in process and finished goods inventories. b. An income or expense account. c. Cost of goods sold and inventories. d. Cost of goods sold.
Explain the purpose of a living will and a durable power of attorney. How are they different?
The process of formalizing acceptance of the completed project deliverables is known as:
a. product acceptance. b. system turnover. c. validate scope d. control scope
Which of the following is constructed immediately prior to preparing the financial statements with the purpose of demonstrating that the accounts balance?
A. Closing entries B. Adjusted trial balance C. Unadjusted trial balance D. Post-closing trial balance