Which of the following types of transactions could be an accrual adjustment?
A. An increase to a liability account and an increase to a revenue account.
B. An increase to an asset account and an increase to a liability account.
C. An increase to a liability account and an increase to an expense account.
D. An increase to a revenue account and an increase to an expense account.
Answer: C
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Consider the following production function? Y = A×Ka×L1?a. ? If a = 0.4, and over the past year total factor productivity (TFP) grew 2.6 percent, capital grew 2 percent, and labor grew 1 percent, what was the growth rate of output over the year?
A. 2 percent B. 3 percent C. 4 percent D. 5 percent
Explain the importance of the critical path in project management
What will be an ideal response?
That a state may exercise jurisdiction over conduct commenced outside its territory when the effect of the act is completed inside the territory is an application of:
a. the rule of reason. b. the principle of objective territoriality. c. the principle of territorial implementation. d. the territorial theory.
?Convertible preferred stock 1. pays a fixed dividend 2. may be converted into the firm's common stock 3. is equity
A. ?1 and 2 B. ?1 and 3 C. ?2 and 3 D. ?1, 2, and 3