The following type of property is considered community property:
A) Money placed in pension funds.
B) The value of a business owned by one of the spouses.
C) None of the above.
D) Both of the above.
D
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Which of the following is the biggest drawback to using psychographic variables?
A. They are very costly to collect. B. They are difficult to measure. C. They give poor information about consumer needs. D. They do not reflect socioeconomic characteristics of consumers. E. The resulting segments are difficult to be reached.
Which of the following items does NOT belong in a cash budget?
A) wages and salaries B) taxes C) rent D) depreciation
What are the excise taxes imposed on private foundations, and why are they imposed?
The internal rate of return is:
A. the discount rate that makes the net present value of a project equal to the initial cash outlay. B. equivalent to the discount rate that makes the net present value equal to one. C. tedious to compute without the use of either a financial calculator or a computer D. highly dependent upon the current interest rates offered in the marketplace. E. a better methodology than net present value when dealing with unconventional cash flows.