Natural resources are first recorded as ________, then recorded as ________ when extracted, and lastly recorded as ________ when sold.
A. fixed assets; revenue; cost of goods sold
B. fixed assets; inventory; cost of goods sold
C. goods available to sell; inventory; a loss
D. inventory; revenue; cost of goods sold
Answer: B
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Jordan tends to follow the law, but he also makes certain that he follows the rules associated with his profession and his place of worship. Sometimes what Jordan believes to be the right thing to do is counter to the law. Jordan is likely in what stage of morality according to Kohlberg?
A. preconventional B. conventional C. postconventional D. postmodern
Which of the following represents the top-down (executives to analysts) organizational levels of information technology systems?
A. TPS, DSS, EIS B. EIS, DSS, TPS C. DSS, TPS, EIS D. None of these, it varies from organization to organization.
Which of the following is true of the market segmentation theory?
A. According to the market segmentation theory, the shape of the yield curve depends on investors' expectations about future inflation rates. B. According to the market segmentation theory, the yield curve can only be upward sloping at any given time. C. According to the market segmentation theory, lenders prefer to make short-term loans rather than long-term loans. D. According to the market segmentation theory, the yield curve can only be flat at any given time. E. According to the market segmentation theory, the slope of the yield curve depends on supply/demand conditions of a security in the long- and short-term markets.
What do shares of equity securities confer on their owner in regard to interest in the corporation?
A) Right to participate in control B) Right to participate in earnings of the corporation C) Right to participate in residual assets of the corporation upon dissolution D) All of these.