A cost that must be reviewed periodically to determine if it is still appropriate and necessary is referred to as a __________________________________________
Fill in the blank(s) with correct word
discretionary cost
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Initial conflict between the indigenous peoples in the Americas and Europeans can best be explained by which ethical theory?
a. social group relativism b. cultural relativism c. egoism d. utilitarianism
The extent to which a firm adjusts net income for changes in noncurrent assets and noncurrent liabilities in deriving cash flow from operations depends on the nature of its operations. Some firms use _____ to finance the working capital needs
a. suppliers b. equity financing c. short-term borrowing d. long-term borrowing e. all of the above
Bailees are allowed to commingle fungible goods
Indicate whether the statement is true or false
Amanda is a twenty-four year old student. For two years Amanda has been going to gym and using weight equipment, stationary bicycles, and step machines to improve muscle tone. One spring afternoon Amanda was using a weight machines in the usual way (and the way she was showed how to use it), when the machine malfunctioned causing her serious injury. The company that made the machine, Musclematic,
has known for the past year that this problem existed, but the company took no steps to warn people who owned or used these machines of the problem. Suppose that Amanda and Musclematic do not settle the case. It must go to trial. Who will present their case first? a. Amanda b. Musclematic c. the judge d. the attorney for the gym e. none of the other choices