Moods are considered ______.

A. state affect
B. trait affect
C. longer in duration than emotions
D. negative workplace feelings


C. longer in duration than emotions

Business

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Crouch Apartments purchased an apartment building to rent to university students on December 15, 2015 . The tenants moved in on January 1, 2016 . On Super Bowl Sunday, a student punched a hole in the wall when his favorite team fumbled the ball. It cost the landlord $400 to repair the hole. How should this cost be recorded?

a. It should be recorded as part of the asset account. b. It should be recorded as repair and maintenance expense. c. It should not be recorded as the tenants will be charged for the damage. d. It should not be recorded since this is an immaterial amount to the landlord.

Business

The issue price of a bond is based on the _____________________ of the cash flows that the bond will produce

Fill in the blank(s) with correct word

Business

Which of the following protects original forms of expression in a tangible medium?

A. trade secret law B. copyright law C. patent law D. trademark law

Business

The selling price of a product is originally greater than the variable cost of producing it. Assume that the selling price and the variable cost per unit both increase 20% and fixed costs do not change. What is the effect of this change on the contribution margin per unit and the contribution margin ratio?

a. Contribution margin per unit and the contribution margin ratio both remain unchanged. b. Contribution margin per unit and the contribution margin ratio both increase. c. Contribution margin per unit increases and the contribution margin ratio remains unchanged. d. Contribution margin per unit decreases and the contribution margin ratio remains unchanged.

Business