Your budget is influenced by your income, which in turn is influenced by your education and career decisions

Indicate whether the statement is true or false.


Answer: TRUE

Business

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Avalon Industries buys equipment for $24,000, expects to use it for ten years, and then sell it for $3,000. Using the straight-line method, the company should report annual depreciation for the equipment of:

A. $4,800. B. $4,200. C. $2,100. D. $2,400.

Business

Which of the following refers to a defense to negligence that consists of proving that the plaintiff did not exercise the ordinary degree of care to protect against an unreasonable risk of harm and that this failure directly results in causing the

plaintiff's harm? A) negligence per se B) contributory negligence C) comparative negligence D) res ipsa loquitur

Business

The beef jerky driver shows up every Monday to take orders from his convenience store customers

One fine Monday morning he stops in the Quik-E Mart and notes that there are only three sticks on the shelves. Consulting his route sheet, he discovers that the restocking level is 40. The order quantity is therefore: A) 3 sticks. B) 37 sticks. C) 40 sticks. D) Cannot be determined with the information given.

Business

Brand names should be different from the company name to avoid confusion.

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

Business