A contract is not discharged by a foreseeable circumstance no matter how difficult or costly the performance may become.

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


False

Business

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The ____________________ of accounting is a system in which revenues are recognized when payments are received and expenses are recognized when payments are made

Fill in the blank(s) with correct word

Business

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

1. Return on investment measures the profitability of an investment center but not the efficiency in using its assets. 2. The return on investment formula focuses on the amount of operating income earned before considering other revenue and expense items, such as interest expense. 3. The return on investment of a company is a measure of profitability and efficiency. 4. The return on investment of a company can be improved by either increasing average total assets or decreasing operating income.

Business

The North American Industry Classification System (NAICS) ________

A) is a replacement for the Better Business Bureau B) was developed in Europe C) includes information about industries in Mexico, Canada, and the United States D) uses a two-digit code that sorts industries into subsectors E) is a listing of consumer products

Business

A city hired a research company to survey spring break vacationers to learn about this market

One of the questions asked was, "If you were able to hang out on the beach with any celebrity, who would she or he be?" This type of question is a means for gathering ________. A) qualitative data B) ethnographic observations C) cross-tabulated data D) quantitative data E) longitudinal data

Business