Yard maintenance, plumbing, electrical, heating and air conditioning, appliances, leaks, etc. are just a few these kind of expenses which are the responsibility of the homeowner.

A) Housing expenses
B) Rental expenses
C) Repair and maintenance
D) Daily bills
E) Annual accumulated Miscellaneous Fees


C) Repair and maintenance

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Fontaine and Monroe are forming a partnership. Fontaine invests a building that has a market value of $250,000; the partnership assumes responsibility for a $75,000 note secured by a mortgage on the property. Monroe invests $100,000 in cash and equipment that has a market value of $55,000. For the partnership, the amounts recorded for the building and for Fontaine's Capital account are:

A. Building $250,000; Fontaine, Capital $175,000. B. Building $250,000; Fontaine, Capital $75,000. C. Building $175,000; Fontaine, Capital $75,000. D. Building $175,000; Fontaine, Capital $175,000. E. Building $250,000; Fontaine, Capital $250,000.

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Which of the following is NOT a duty of the court-appointed trustee in a chapter 11 case?

a. Investigate the acts, assets, liabilities, and financial condition of the debtor b. Examine proofs of claims c. Collect and liquidate the property of the debtor's estate d. All of the above are duties of a court-appointed trustee

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The next iteration of MRP systems is referred to as __________ and allow for better planning using “what-if analyses."

a. ERP b. ELP c. 2-MRP d. MRP-II

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Which of the following statements about electronic media is most accurate?

A) File-sharing services are helpful and should be accessed frequently. B) Tweeting about how much you dislike your job could get you fired. C) Privacy settings on Facebook and other social networks ensure that your information can be accessed only by those you choose. D) ?Your office computer is a safer place than the cloud to store personal photos.

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