Mia's voluntary petition for bankruptcy is found to be proper. The order for relief is effective as soon as

A. Mia files the petition.
B. Mia posts a bond to cover the costs of the proceedings.
C. Mia's creditors agree to the terms.
D. the trustee collects and distributes the property of Mia's estate.


Answer: A

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Equipment might be depreciated over 20 years because

a. it will lose most of its market value in 20 years. b. it will be paid for in 20 years. c. it will help to generate revenue for the company over 20 years. d. income tax provisions require depreciation over 20 years.

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A(n) ______ entrepreneur keeps working at their original job while getting their new business performing well enough that they can afford to quit and spend all of their time on their new venture.

a. side b. dual-role c. hybrid d. overtime

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All of the following guidelines are appropriate for designing a bar chart except

A) make the bars equal in width. B) stack the bars to show component parts of the variables. C) use three-dimensional bars to highlight important information. D) arrange bars in a logical order. E) display the actual value represented by each bar if space permits.

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When proofreading a document, you need not check

A) closely for typographical errors. B) that the pages are in the correct order. C) that pages are free of wrinkles and smudges. D) whether you inadvertently deleted a line when moving text. E) for short, simple words.

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