Value engineering is?
a. Reducing new product cost by use of readily available parts
b. Use of cheaper materials and simpler designs
c. Both reducing new product cost by use of readily available parts and use of cheaper materials and simpler designs
d. Neither reducing new product cost by use of readily available parts nor use of cheaper materials and simpler designs
c. Both reducing new product cost by use of readily available parts and use of cheaper materials and simpler designs
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Nick is admitted to an existing partnership by investing cash. Nick agrees to pay a bonus for his ownership interest because of the past success of the partnership. When Nick's investment in the partnership is recorded
a. his capital account will be credited for more than the cash he invested b. his capital account will be credited for the amount of cash he invested c. a bonus will be credited for the amount of cash he invested d. a bonus will be distributed to the old partners' capital accounts
In developing forecasts of expenses the analyst must take into consideration that expenses can be broken down into ________________________ or ______________________ components
Fill in the blank(s) with correct word
You stay overnight at the Flea Bag Motel and your Rolex watch is stolen from your room. You forgot to lock your room while you were out, and it seems likely that the thief entered it that time
There was a conspicuous notice on the door – although you didn't read it – under the Innkeepers Act, limiting its liability for loss or injury to goods to $40. Can you sue the motel for your loss beyond that amount? Why or why not? A) No. It was your own negligence that caused your loss. B) No. When you checked in, the motel did not expressly agree to accept responsibility for your personal possessions. C) Yes. A motel is not an "inn". D) Yes. The notice required by the Act was not brought to your attention. E) No. The motel complied with and is protected by the Act.
James works at Kay'sBreakfast Café. After work, in the parking lot, James finds a diamond ring lost by Lani. Title to the ring is possessed by
a. James. b. Kay's. c. Lani. d. the state.