The length of time required to recover the initial investment in a capital asset is known as the:
A. investment period.
B. present value period.
C. rate of return.
D. payback period.
Answer: D
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The act of a court combining two or more separate lawsuits into one lawsuit is called ________.
A. combination B. intervention C. certiorari D. consolidation
Quinn Company has a defined benefit plan. The fair value of plan assets on January 1 . 2014, was $1,500,000 . No unrecognized net loss or gain existed. On December 31 . 2014, the fair value of the plan assets was $1,860,000 . Benefits paid to retirees equaled $300,000 . Company contributions to the plan totaled $360,000 . The settlement rate was 8 percent, and the expected long-term rate of
return on plan assets was 1 . percent. The actual return on plan assets was a. $150,000. b. $180,000. c. $224,000. d. $300,000.
Personal and professional titles, such as Mr., Ms., and Dr., should be omitted in the letter address section of a letter document
Indicate whether the statement is true or false
In which of the following cases, will the presumption of no intention to create legal
relations arise? A) an agreement for the sale of a motor car entered into by two brothers B) an agreement for the sale of a house entered into by two life long best friends, both of whom are realtors. C) An agreement for the sale of a painting entered into between two sisters D) a lease agreement entered into between a mother and her son E) All of the above