Which of the following is not a component of the income statement?

A) unusual gains and losses
B) net income
C) income taxes
D) accumulated other comprehensive income


D

Business

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How can a service marketer smooth the fluctuations in demand from times of peak demand to times of off-peak demand?

What will be an ideal response?

Business

Insurance obtained by a limited partnership on the life of the general partner would be A) double indemnity insurance, because both the limited partnership and the general partner are insured

B) key person life insurance, because the general partner is a key person, contributing a great deal to making the business successful. C) a co-insurance policy because both the limited partnership and the general partner are insured. D) whole life or straight life insurance which builds a cash value.

Business

When would a lawyer be excused from either professional discipline or personal liability for the misconduct of the lawyer’s nonlawyer assistants?

What will be an ideal response?

Business

Under the Semiconductor Chip Protection Act's _______, competitors may not only study mask works but may also use the results of that study to design their own semiconductor chip products embodying their own original masks

A)fair use exemption B)statutory damages waiver C)reverse engineering exemption D) semiconductor mask product exemption

Business