Which of the following assets generally is required to be tested at least annually for impairment?
a. Machinery
b. Patent
c. Goodwill
d. Copyright
C
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In the mainstream economics perspective, the role of the law is to:
A. Protect worker income security (e.g., minimum wage, unemployment compensation). B. Protect employers from individual employee pressure. C. Prohibit abuses of labor by management. D. Protect individual freedoms that are necessary for competition (e.g., property rights).
The amount of planned work scheduled and actual work assigned to a production facility for a specific period of time is called a ______.
A. sublot B. load C. batch D. lot
Aldi's and Dollar General stores have been expanding their footprint across the United States, opening new locations and competing against traditional discount and grocery store chains, such as Walmart, Target, Kmart, Kroger, Jewel Osco, and Schnucks. Both Aldi's and Dollar General hope to capture a large proportion of the dollars consumers spend on grocery and general merchandise items and have responded to consumer desires for value and convenience of a smaller store. What type of pricing objective are these stores utilizing?
A. Market share B. Return on investment C. Profit D. Survival
How did it come about that China, France, Russia, the United Kingdom and the United States are the five permanent members of the United Nations Security Council?
A) They were the primary victors in World War II. B) They are the nations with the largest populations. C) They are the economic leaders of the world. D) They are the nations with the largest military forces.