When the amount of use of a fixed asset varies from year to year, the method of determining depreciation expensethat best matches allocation of cost with revenue is
a. units-of-output method
b. MACRS
c. straight-line method
d. double-declining-balance method
a
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Which of the following is a characteristic of purchase panels (Table 4.3 in the text)?
A) household purchases recorded through electronic scanners in supermarkets B) households provide specific information regularly over an extended period of time; respondents asked to record specific behaviors as they occur C) verification of product movement by examining physical records or performing inventory analysis D) data banks on industrial establishment created through direct inquiries of companies, clipping services, and corporate reports
The _____________, according to Lawrence Lessig, is the place intellectual property is least respected.
Fill in the blank(s) with the appropriate word(s).
Which of the following statements about schedule rating is (are) true?
I. It involves the determination of a basis rate for each exposure, which is then modified by credits or debits. II. It is based on the assumption that certain physical characteristics of the insured's operations will influence the insured's future loss experience. A) I only B) II only C) both I and II D) neither I nor II
When marketing researchers consider sampling techniques, they are preparing to collect ____ data.
A. census B. statistical C. internal secondary D. external secondary E. primary