________ goods are products that you have to try before assessing its quality
A) Convenience
B) Shopping
C) Experience
D) Durable
C
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Which of the following concepts is important to accrual accounting?
a. Time period, because accrual accounting divides earnings into time periods b. Monetary unit, because inflation is a big factor in the environment c. Cash basis, because if cash is not received, revenue is not accrued d. Entity concept, because personal transactions must be separated from business transactions
The longest economic expansion in U.S. history occurred from
A. 1929 to 1939. B. 1956 to 1966. C. 1970 to 1980. D. 1991 to 2001.
The most future-directed of the basic financial statements is the
a. statement of stockholders' equity. b. statement of cash flows. c. income statement. d. balance sheet.
In terms of roles people can play, the four types of creativity types are:
A) Innovation, sublimation, extension, and duplication B) Innovation, synthesis, extension, and duplication C) Invention, sublimation, synthesis, and implementation D) Incubation, idealization, synthesis, and verification