The average size of an SBA-guaranteed business loan is about

A. $25,000.
B. $100,000.
C. $200,000.
D. $300,000.
E. $500,000.


Answer: D

Business

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Lucas Company has set standards for the manufacturing of clay pots to be 2 pounds of direct materials, per pot, at a cost of $3 per pound. During the current period, 600 pounds of direct materials were purchased for $1842 . All of the direct materials were used to manufacture 295 pots. Lucas's direct materials price variance was

a. $72 (U). b. $42 (U). c. $72 (F). d. zero.

Business

Activity-based management focuses on identifying product costs as either variable or fixed

Indicate whether the statement is true or false

Business

Answer the following statements true (T) or false (F)

1. Gender and ethnic biases can be common implicit prejudices. 2. In the global study measuring different components of cheating, there is a strong positive correlation between cheating and the level of corruption in a country. 3. Copying information from journal articles and generic sources such as Wikipedia without stating the source is allowable behavior. 4. Trust within an organization reinforces and encourages delegation of decisions, mutual concern, and whistle-blowing

Business

Public awareness of the effect of pollution on the environment increased during the 1960s, in part due to:

a. the organic revolution b. the publication of Rachel Carson's "Silent Spring" c. the publication of Rachel Carson's "A Cleaner World" d. the Exxon Valdez oil spill e. the leaking oil well in the Gulf of Mexico

Business