Mixed costs
a. have both the characteristics of fixed costs and variable costs.
b. are sometimes called semi-behavior costs.
c. change in relation to the passage of time.
d. cannot be accurately plotted on a graph.
a
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If land costing $145,000 was sold for $205,000, the $60,000 gain on the sale would be added to net income in theoperating activities section of the statement of cash flows (prepared by the indirect method)
a. True b. False Indicate whether the statement is true or false
The taxpayer’s marginal federal and state tax rate is 25%. Which would the taxpayer prefer?
A. $1.00 taxable income rather than $1.25 tax-exempt income. B. $1.00 taxable income rather than $.75 tax-exempt income. C. $1.25 taxable income rather than $1.00 tax-exempt income. D. $1.40 taxable income rather than $1.00 tax-exempt income. E. None of these.
The ________ requires general partners to adhere to the provisions of the partnership agreement and the decisions of the partnership
A) duty to inform B) duty of loyalty C) duty of care D) duty of obedience
Techniques for improving total productive maintenance can include which of the following?
A) simulation B) expert systems C) sensors D) A and C E) A, B, and C