The view that defines economic development as a reduction of poverty and employment as well as an increase in income is called the human development approach.

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


False

The view that defines economic development as a reduction of poverty and employment as well as an increase in income is called the human needs approach.

Business

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Within the relevant range of activity, costs:

A. can be expected to change radically. B. cannot be estimated satisfactorily. C. can be estimated with reasonable accuracy. D. exhibit increasing marginal cost patterns. E. exhibit decreasing marginal cost patterns.

Business

Comparative calendar-year financial data for a company are shown below. Calculate the following ratios for the company for Year 2:(a) accounts receivable turnover(b) day's sales uncollected(c) inventory turnover(d) days' sales in inventory? Year 2Year 1Sales$ 720,000$607,500Cost of goods sold450,000382,700Operating expenses168,500134,900Net income51,20051,700????December 31,December 31,?Year 2Year 1Accounts receivable (net)$ 157,500$162,500Inventory139,500110,500Total assets1,012,500944,800

What will be an ideal response?

Business

There are four major activity categories reported by state and local governments: governmental, government-wide, proprietary, and fiduciary.

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

Business

Which of the following best defines a statement of work?

A) A list of all the work done so far B) A spreadsheet listing hours and tasks C) A preliminary document that describes, in general, the work that needs to be done on a project D) None of the above

Business