Which of the following is not true with regard to opportunity costs?
A) They are the benefits forgone by selecting one alternative over another.
B) They are relevant.
C) They are sometimes difficult to quantify.
D) They have already occurred in the past.
D
You might also like to view...
Answer the following statements true (T) or false (F)
1.If a follower lacks confidence, the leader should focus on participative behaviors to help create successes for the follower. 2.In the Vroom/Jago approach, it is important to note that one can never skip questions. 3.It is possible that in a given situation, a follower might best be served by (the leader) applying more than one style relatively simultaneously. 4.The authors conclude that leaders would actually stop everything that they are doing and work through these situational models in the real world. 5.An inflexible approach to leadership never makes sense.
The most important accounting problem in dealing with merchandise inventory is the application of which of the following conventions or rules?
a. Materiality b. Full disclosure c. Matching d. Conservatism
Gunther wins a $25,000 judgment against Krissa, and Krissa refuses to pay. Krissa works for Iniversal Electronics
Gunther obtains a postjudgment writ of garnishment from the court ordering Iniversal Electronics to pay 25 percent of Krissa's weekly disposable earnings directly to Gunther. However, Gunther is not satisfied with this, and he asks the court to increase Krissa's pay deduction to 50 percent, which the court refuses to do. Which federal Act allows Krissa to retain 75 percent or more of her earnings in a writ of garnishment? A) Fair Credit Reporting Act B) Fair Credit Billing Act C) Title III of the Consumer Credit Protection Act D) Fair Debt Collection Practices Act
Use the "percent of sales method" of preparing pro forma financial statements to determine the
projection for next year's cost of goods sold. Make the following assumptions: current year's sales are $27,800,000; current year's cost of goods sold is $17,528,000; sales are expected to rise by 30%. What is the projection for next year's cost of goods sold? A) $20,481,000 B) $21,459,200 C) $21,138,900 D) $22,786,400