The collapse of which of the following in eastern Europe was precipitated by the growing gulf between the vibrant and wealthy economies of the West and the stagnant economies of the East?
A. Democracy
B. Communism
C. Free economy
D. Capitalism
E. Individualism
B
The collapse of communism in eastern Europe was precipitated by the growing gulf between the vibrant and wealthy economies of the West and the stagnant economies of the communist East.
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In selecting the proper survey method, researchers balance:
A) the cost of the project with what the client is willing to pay B) the time limitation of the client with the speed with which surveys must be conducted in order to have a profitable research firm C) the quality of information desired with the requirement to take advantage of today's technology D) the quality of information desired with time deadlines, budget constraints, and other considerations E) none of the above
The useful life of a plant asset is:
A. The length of time it is productively used in a company's operations. B. Determined by law. C. Determined by the FASB. D. Its productive life, but not to exceed one year. E. Never related to its physical life.
Sophie Corporation recently produced and sold 100,000 units. Fixed costs at this level of activity amounted to $50,000; variable costs were $100,000. How much cost would the company anticipate if during the next period it produced and sold 102,000 units?
A. $152,000. B. $151,000. C. $153,000. D. $150,000. E. None of the answers is correct.
The City of Chicago would best be described as which of the following?
A) A corporation formed pursuant to the Model Business Corporation Act B) A close corporation C) A public corporation D) A domestic corporation