Period costs are incurred by manufacturing finished goods.

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


False

Business

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Which of the following best describes the term "retained earnings"?

a. The amount of total profits earned by a business since it began operations. b. The amount of interest or claim that the owners have on the assets of the business. c. The future economic resources of a business entity. d. The cumulative profits earned by the business less any dividends distributed.

Business

Which of the following is one of the four major communication functions?

A) coordination B) distribution C) noise D) response E) preference

Business

Which of the following came first in the evolution of computers?

a. vacuum tube b. transistor c. artificial intelligence d. large-scale integrated circuit e. very large-scale integrated circuit

Business

Which of the following is an example of a physiological innovation?

A. Optical mark readers B. Haptic interfaces C. 3G technology D. Image scanners

Business