Generally accepted accounting principles require that a business's fiscal year must end on December 31.

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


False

This is false. A fiscal year can be a calendar year; however, instead of using a calendar year, companies whose business is highly seasonal often choose "slow" periods to end their fiscal year.

Business

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Tyler is a police officer out on patrol. After talking on his radio to his dispatch, Tyler uses words such as “copy that” and “10-4”. These words are known as

a. slang. b. colloquialisms. c. jargon. d. lingo.

Business

?Which of the following happened as a result of inflation targeting in New Zealand ?

A. ?It made the goals of the central bank explicit. B. ?It led to a higher expected inflation rate. C. ? It increased the inflation rate in the country. D. ?It lowered the credibility of the central bank.

Business

A firm is considering five different product designs. Data concerning the design for disassembly for each of the designs are provided in the table below

Which design appears to be the best environmental design based on revenue retrieval opportunity? Product Design Resale Revenue per Unit Recycling Revenue per Unit Processing Cost per Unit Disposal Cost per Unit 1 $30.00 $12.00 $15.00 $40.00 2 $10.00 $10.00 $3.00 $1.00 3 $5.00 $55.00 $48.00 $10.00 4 $4.00 $2.00 $1.00 $0.50 5 $42.00 $3.00 $8.00 $32.00 A) Design 1 B) Design 2 C) Design 3 D) Design 4 E) Design 5

Business

Yuri likes the results he gets from organizing the employees at his law firm into teams. Unfortunately, Jacob, undeniably the most talented partner in the firm, feels he is not being recognized and is insufficiently compensated for his contribution to the firm, and Yuri realizes that he is probably right. How can Yuri structure his salaries to encourage teamwork, while retaining top performers like Jacob?

A. begin paying each employee the same hourly wage B. combine individual and team performance when determining wages C. base wages on the performance of all the teams in the firm D. base wages on the performance of each individual team E. pay each individual based on his or her individual performance

Business