_____ is meant to guarantee that the experts have passed tests that ensure their skills.

A. Standardization
B. Feasibility studies
C. Certification
D. Systems analysis


Answer: C

Business

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An act must substantially affect interstate commerce to violate antitrust law

a. True b. False Indicate whether the statement is true or false

Business

Donna transfers $200,000 of property to an irrevocable trust with a bank as trustee. Donna names Toby (age 60) to receive all of the trust income for the rest of his life. At Toby's death, the property is to pass to Al or Al's estate. What kind of interest do Toby and Al possess?

What will be an ideal response?

Business

Margarita, a single individual, has $2,000 in state taxes withheld from her salary in 2016 . Her total itemized deductions are $7,500 . She claims the $2,000 as an itemized deduction on her 2016 tax return. In 2017, she receives a state income tax refund of $400 . Under the tax benefit rule she has to report income in 2017 of

a. $2,000. b. $ 400. c. $ 200. d. $ -0-. e. $ -0-, but Margarita must file an amended 2016 tax and reduce her itemized deductions by $400.

Business

The decision rule on whether to sell or process further

a) is process further as long as total revenue exceeds present revenues. b) is process further if incremental revenue from such processing exceeds the incremental processing costs. c) is process further if incremental revenue from such processing exceeds incremental fixed costs. d) varies from situation to situation.

Business