________ is the determination of the amount of assets held by the firm for sale or production.

A. Depreciation
B. Inventory valuation
C. Capital budgeting
D. Factoring


Answer: B

Business

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The probability of an economic decline in the year 2008 is 0.23. There is a probability of 0.64 that we will elect a republican president in the year 2008. If we elect a republican president, there is a 0.35 probability of an economic decline. Let D represent the event of an economic decline, and R represent the event of election of a Republican president. a.Are R and D independent events?b.What is the probability of a Republican president and economic decline in the year 2008?c.If we experience an economic decline in the year 2008, what is the probability that there will a Republican president?d.What is the probability of economic decline or a Republican president in the year 2008? Hint: You want to find P(D?R).

What will be an ideal response?

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Any difference in the equivalent units calculated under the weighted-average and the FIFO methods is due to the units in the ending work in process inventory.

Answer the following statement true (T) or false (F)

Business

Which of the following are areas that leadership can originate from?

a. External leadership and coworkers b. Yourself, external leadership, and the group c. The goup d. Yourself and coworkers

Business

Answer the following statements true (T) or false (F)

Moonitz felt that APB Statement 4 should have been issued as an opinion rather than as a statement because departures from GAAP made in a statement did not have to be disclosed.

Business