Consider the following four types of payments that could be made by a normal operating firm:
interest, common dividends, income taxes, and preferred dividends.
Compared to the other
payments mentioned, where would you rank common dividend payments in terms of the order of
payment if the firm is liquidating?
A) first B) second C) third D) fourth
D
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Which of the following is the correct date format for the financial statement heading?
a. Balance sheet for the year ended June 30, 2015 b. Income statement at December 31, 2015 c. Balance sheet at December 31, 2015 d. Statement of retained earnings at December 31, 2015
Which statement is not correct about cross-tabulations?
A) The margins of a cross-tabulation show the same information as the frequency tables for each of the variables. B) Cross-tabulation tables are also called contingency tables. C) The data are considered to be qualitative or categorical data. D) Cross-tabulations provide inferences for making statements about the means of parent populations.
_______________ is a process of eliminating markets so only the most desirable are left for final analysis.
Fill in the blank(s) with the appropriate word(s).
Which of the following is a negative consequence of workers' compensation laws?
A) They have resulted in heightened tensions between employers and employees because now an employee may sue his or her employer for having suffered from an injury. B) They have made employers less careful about employee safety than they would be if they had to fear huge damage awards. C) They have resulted in significantly higher costs for employers. D) They have prevented workers from being able to get promotions by taking calculated risks.