Which of the following is not included in computing EBT (earnings before taxes)?

A) Marketing expenses
B) Depreciation expense
C) Cost of goods sold
D) Dividends


Answer: D

Business

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A company that changes from the declining-balance method of depreciation for previously recorded assets to the straight-line method should report the change as a(n)

a. change in accounting principle. b. change in accounting estimate. c. prior period adjustment. d. extraordinary item.

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The production era continued until consumer demand could not keep up with the growth in production and new strategies were needed to maximize success.

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

Business

Marketing is basically selling and advertising.

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

Business

Formulate the aggregate plan using linear programming

What will be an ideal response?

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