________ percent of the world's economic growth in the next 20 years is predicted to come from emerging markets, such as China and India.

A. 52
B. 10
C. 75
D. 90
E. 35


Answer: C

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All else being equal, firms with high levels of ________________________________________ incur more risk in their operations and should earn higher rates of return

Fill in the blank(s) with correct word

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The term applied to the amount of cost to transfer to expense resulting from a decline in the utility of intangible assets is

A) amortization B) depletion C) depreciation D) allocation

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Direct materials and direct labor costs are examples of variable costs of production

Indicate whether the statement is true or false

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According to the plaintiff's attorney, to minimize liability, corporations often I. Hire the best defense firms to make the plaintiffs look like liars II. Pursue illegal means to get plaintiffs to drop their cases III. Use the system to make the case too expensive for plaintiffs to pursue their cases IV. Push plaintiffs in to class action suits to force the case to be heard only one time

a. I and II b. II and III c. III and IV d. IV and I

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