A financial consideration in choosing a location for a new business owner is(are)

A. security deposit.
B. licenses and inspections.
C. initial supplies.
D. all of these.


Answer: D

Business

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According to the Minnesota twin studies, what percentage of variance in values related to work motivation is related to heredity?

A. 100% B. 80% C. 60% D. 40%

Business

Which of the following is/are not true regarding inventories when their replacement cost declines below acquisition cost?

a. Both U.S. GAAP and IFRS require firms to write down inventories when their replacement cost, or market value, declines below acquisition cost. b. Accountants refer to the inventory as impaired and to this valuation as the lower-of-cost-or-market basis. c. The journal entry to record the inventory impairment results in a loss and a new balance sheet carrying value that is the lower of cost or market value. d. U.S. GAAP permits firms to recognize subsequent value increases, as long as the new value remains less than the original acquisition cost. e. IFRS permits firms to reverse previous impairments, up to the amount of the original acquisition cost of the inventory, if the circumstances that caused the inventory impairment no longer exist.

Business

Why are underlying principles important?

What will be an ideal response?

Business

Yoplait, makers of specialty yogurts, has expanded their product line to include YoPlay yogurt. This specialty yogurt is designed to provide the right nutrition and energy for growing children who use a lot of energy while playing outside. For this product, Yoplait is segmenting the market based on

A. gender. B. motivation. C. customer convenience. D. age. E. lifestyle.

Business