The Scribners purchased property on which they subsequently discovered there was barium contamination that resulted from former land ownership by Jasco-Sun Steel. The Scribners were unable to sell their property, but the valuation for tax purposes remained the same following the barium discovery. Which of the following is correct?
A)?Environmental contamination is not used in property valuation.
B)?Environmental contamination is not used in property valuation when the landowner is not responsible.
C)?Environmental contamination is a factor in valuation.
D)?None of the above
C
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NAFTA and the EU are both
A. greenfield ventures. B. world banks. C. terrorist-monitoring associations. D. monetary funds. E. trading blocs.
Because shelf space is scarce, many supermarkets now charge a ________ for accepting a new brand, to cover the cost of listing and stocking it
A) retainer B) slotting fee C) residual fee D) contingent fee E) royalty
When a service has been performed, but no cash has been received, which of the following statements is true?
A) The entry would include a debit to Accounts Receivable. B) The entry would include a debit to Accounts Payable. C) The entry would include a credit to Unearned Revenue. D) No entry is required until the cash is received.
The performance formula is ______.
a. performance = motivation + ability + resources b. performance = effort x ability x resources c. performance = motivation x ability x resources d. performance = motivation x effort x talent