The social rate of discount is currently 10 percent. This implies that:
a. all government projects will yield a 10-percent return.
b. the opportunity cost of funds for all government projects is 10 percent.
c. more capital-intensive projects will be ranked over less capital-intensive projects.
d. the opportunity cost of funds for all government projects is 20 percent.
b. the opportunity cost of funds for all government projects is 10 percent.
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How does the purchase of supplies on account affect the accounting equation?
A) assets increase; owner's equity decreases B) assets increase; liabilities increase C) assets increase; liabilities decrease D) liabilities increase; owner's equity decreases
On a given day, 200 of the S&P 500 stocks were up, 300 were down. Volume for up stocks was 500 million, volume for down stocks was 700 million. The ARMS or TRIN for that day was
A) 0.48. B) 0.70. C) 0.93. D) 3.50.
With parity checking, the probability of detecting an error is about ________ percent
A) 75 B) 50 C) 25 D) 1
Which of the following statements about overtime pay legislation is true?
A. It forces pay rates at the lowest end of the scale to move up. B. It limits the size of wage increases. C. It specifies the wages paid for time worked in excess of the standard hours. D. It limits the number of hours per week for certain age groups. E. It specifies the number of mandatory paid holidays.