Which of the following best describes the term capital rationing?
A. a process of controlling operating costs when adequate funds are not available
B. a method which shows the effect of an investment on a company's accrual-based income
C. a method of determining the period within which the cash invested is recouped
D. a process of ranking and choosing among alternative capital investments based on the availability of funds
Ans: D. a process of ranking and choosing among alternative capital investments based on the availability of funds
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A company files a trademark infringement case against another. In order to recover for trademark infringement, the plaintiff generally must show that the:
A. defendant used the mark in commerce. B. defendant used the mark only for insignificant personal reasons. C. defendant possesses the trademark. D. defendant's use of the trademark did not confuse customers.
Lifestyle changes of fraud perpetrators are related to which of the following fraud elements?
a. Theft act b. Concealment c. Conversion d. Confession
Aggie, Inc Aggie, Inc purchased a truck at a cost of $12,000. The truck has an estimated salvage value of $2,000 and an estimated life of 5 years, or 100,000 hours of operation. The truck was purchased on January 1, 2011, and was used 27,000 hours in 2011 and 26,000 hours in 2012. Refer to Aggie, Inc's information presented above, what method of depreciation will maximize depreciation expense in
2011? A) Straight-line B) Double-declining-balance C) Units-of-activity D) All methods produce the same expense in 2011.
In queuing theory, a queue represents ______.
a. a certain number of customers waiting for service at a facility b. the number of people waiting to attend on customers c. the infrastructure to serve customers d. the service level