Of the following criteria for selecting a home, which would probably be least important for buyers older than 55?

A) Price
B) Convenient location
C) School system
D) Taxes


Answer: C

Business

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The single-step income statement is easier to prepare, but a criticism of this format is that gross profit and income from operations are not readily available

Indicate whether the statement is true or false

Business

Critics of 3BL claim that

A. such concerns are beyond the competency of most managers and are best left to government. B. measuring impacts on social and environmental contexts will not get us closer to the desired state. C. measuring is a waste of time and has no impact on the bottom line. D. business has no business paying attention to social and environmental impacts; economic impact is what counts.

Business

Philomena dies without a will. A court appoints Quigley to handle the probate of Philomena's estate. The administrator of the estate is

A. Philomena's closest blood relative. B. Philomena. C. Quigley. D. the court.

Business

The present value of a cash flow increases as it moves further into the future.

Answer the following statement true (T) or false (F)

Business