Governmental attitudes toward issues such as private property, intellectual property, zoning, pollution, and employment stability may change over time. What is the term associated with this phenomenon?

A) bureaucratic risk
B) political risk
C) legislative risk
D) judicial risk
E) democratic risk


B

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The depreciation method in which the depreciable cost of an asset is apportioned equally over its estimated useful life in terms of months or years is called the

a. double-declining-balance method; b. sum-of-the-years'-digits method; c. straight-line method; d. units-of-production method; e. copyright method.

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The Labrador Falls Company has three divisions: A Division, B Division, and C Division. A B CSales$320,000  $540,000   ? Net operating income 60,000   ?  $24,000 Residual income ?   36,000   14,400 Average Division Assets ?   ?   80,000 Cost of Capital 12%  16%  ? Profit Margin 20%  5%  ? Asset Turnover ?   4.0   ? Return on investment 15%  ?   ? What was B Division's return on investment (ROI) last year?

A. 16.00%. B. 20.00%. C. 33.75%. D. 24.00%.

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Where should tables and charts be placed within your documents?

A. immediately preceding the text that describes them B. immediately following the text that describes them C. at the end of the section D. all of these

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The case in the text involving Klondike bars illustrates the legal principle that as far as a creditor

is concerned, it is better to be a secured creditor rather than an unsecured creditor. Indicate whether the statement is true or false

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