Identify what kind of sentence this is: Did you apply for the job?
a. exclamatory
b. interrogative
c. declarative
b
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Answer the following statements true (T) or false (F)
1.The specific-factors theory analyzes the income distribution effects of trade in the short run when resources are immobile among industries. 2.Owners of resources specific to export industries tend to lose from international trade, while owners of factors specific to import-competing industries tend to gain. 3.The factor-price equalization theory is a short-run version of the specific-factors theory. 4.With economies of scale, specialization in a few products allows a manufacturer to benefit from longer production runs, which lead to decreasing average cost. 5.With decreasing costs, a country has an incentive to partially specialize in the product of its comparative advantage.
Which of the following is TRUE of the assets of a partnership?
A) The partner who is more actively involved in the daily business affairs is considered to be the sole owner of the partnership's assets. B) Any new assets purchased by the partnership are jointly owned by each partner. C) When a partner contributes a particular asset to the firm, he is considered to be the sole owner of the asset. D) In the case of the liquidation of a partnership, the partners must be paid based on the profit sharing ratio of the partnership.
Which is NOT a characteristic of an ethically transformed organization?
A. exceeds legal requirements B. reacts to destructive behavior C. swiftly punishes misbehavior D. seeks to prevent destructive behaviors
An actual cost system differs from a normal cost system in that an actual cost system
a. does not assign overhead at all. b. does not use an Overhead Control account. c. assigns overhead at the end of the manufacturing process. d. assigns overhead as it occurs during the manufacturing cycle.