Idea generation is defined as ______.
a. production of ideas for something profitable
b. production of ideas for something new
c. production of ideas for something useful
d. production of ideas for something scalable
b. production of ideas for something new
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In accounting for a long-term construction contract for which there is a projected profit, the balance in the Construction in Progress account at the end of the first year of work using the percentage-of-completion method would be
a. zero. b. the same as the completed-contract method. c. higher than the completed-contract method. d. lower than the completed-contract method.
In order to help ensure generalizability, which of the following should be true about your sample?
a.It is small. b.It is large. c.It is representative. d.It is nonrepresentative.
Jacob's Funhouse has insured its building with multiple companies for a total of $529,000, of which $158,700 is with Fireman's. Assuming that all coinsurance requirements have been met, how much would Fireman's be responsible for in the event of a $226,000 fire?
The following is a summarized income statement for McClaron Manor Co.'s profit center 12608 for April: Contribution Margin $175,000 Period Expenses$11,000 Manager' s Salary$2,000 Corporate Expense Allocation$ 8,000 $(21,000)Net Income $154,000 Which of the following amounts is most likely subject to the control of the profit center's manager? (CPA, adapted)
A. Contribution Margin of $175,000 and Period Expenses of $11,000. B. Contribution Margin of $175,000. C. Contribution Margin of $175,000 and Period Expenses of $21,000. D. Contribution Margin of $175,000 and Period Expenses of $13,000.