TCE has been criticized for its ________ view of markets.
a. Over-socialized
b. Under-socialized
c. Uncertain
d. None of the above
b. Under-socialized
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Which of the following is not classified properly as property, plant, and equipment?
a. Land improvements, such as parking lots and fences b. Natural resources c. Land used in ordinary business operations d. A truck held for resale by an automobile dealership
Which of the following is NOT required to be reported in the financial statements or disclosed in the accompanying notes?
a. Balances of major classes of noncurrent operating assets at the balance sheet date b. Gross historical cost and accumulated amortization for intangible assets at the balance sheet date c. Gross historical cost and accumulated depreciation for tangible noncurrent operating assets at the balance sheet date d. A general description of the cost allocation methods used with respect to major classes of noncurrent operating assets
In queuing models, if the service rate forms a Poisson distribution, then the service times have a ______.
a. binomial distribution b. positive exponential distribution c. Poisson distribution d. negative exponential distribution
The basic earning power ratio (BEP) reflects the earning power of a firm's assets after giving consideration to financial leverage and tax effects.
Answer the following statement true (T) or false (F)