When Bob was asked to describe Sherry, he didn't describe her based on her age or education; rather, he talked about her easy-going manner, which reflected her ________.

A. personality
B. family life-cycle
C. aptitude
D. appearance
E. household life cycle


Answer: A

Business

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Investment methods, such as net present value and internal rate of return, ________.

A) use simple interest calculations B) use net income amounts rather than cash flows C) focus on the payback period D) consider discounted cash flows

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In determining the meaning of a contract, which of the following will have first priority?

a. Course of performance. b. Course of dealing. c. Usage of trade. d. Express terms.

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The combined production costs from all departments for completed products are transferred to the Cost of Goods Sold account immediately after the completion of all production processes

Indicate whether the statement is true or false

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To enforce the provisions of a lease, most courts prefer a lease to include:

a. how much rent is due b. a description of the rented property c. the identity of the parties d. the length (in time) the lease is in effect e. all of the other choices

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