A ____ protects a unique symbol or word used by a business to identify a product or service.

A. copyright
B. trademark
C. trade secret
D. patent


Answer: B

Business

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Recurring costs include: hardware maintenance, software acquisition, software maintenance, insurance, supplies and personnel costs

Indicate whether the statement is true or false

Business

A managerial accountant who communicates information objectively is exercising which of the following standards?

a. objectivity b. integrity c. competence d. confidentiality

Business

List the steps of the capital budgeting process and identify actions that relate to each step.

What will be an ideal response?

Business

Variable cost as a percentage of sales = 60% Unit Variable cost = $30 Fixed costs = $200,000 What is the breakeven point in units?

A) 12,000 units B) 10,000 units C) 14,000 units D) 8,000 units

Business