For cost-of-living allowances, the U.S. State Department index

A. is based on costs in Washington, D.C.
B. accounts adequately for inflation and currency value changes.
C. is suitable for all locations.
D. is adjusted frequently.


Answer: A

Business

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A warranty deed:

A. warrants against only those encumbrances that arise after a grantee acquires the property. B. conveys title and guarantees to make good any defects in the title. C. is used to cure technical defect in the chain of title to property. D. disallows a grantee the right to sue the grantor.

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How much is the gross profit for the year? A) $212,500

Belstone, Inc. is a merchandiser of stone ornaments. It sold 15,000 units during the year. The
company has provided the following information:

Business

Which source of resistance to change arises when only a small number of departments apply the change rather than the whole organization?

A. structural inertia B. group inertia C. limited focus of change D. threat to expertise

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A company producing which of the following would be most likely to use a price standard for material?

a. furniture b. NFL-logo jackets c. custom-made picture frames d. none of the above

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