In economic terms, resources that are not being used to satisfy consumer demand:
A. are being wasted.
B. can be used for animal welfare.
C. can be used to preserve the environment.
D. are being conserved.
Answer: A
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The Heath Corporation reported net income for 2018 of $177,500. Heath began the year with 100,000 shares of $5 par value common shares outstanding and 2,500 shares of $100 par value 8% preferred shares outstanding. On October 1, Heath sold 10,000 shares of common stock for $6 per share. Heath paid dividends to the common shareholders in December. The weighted average number of common shares used to compute earnings per share for 2018 is
A. 105,000. B. 100,000. C. 102,500. D. 110,000.
All of the following tests of controls will provide evidence that access to the data files is limited except
a. inspecting biometric controls b. reconciling program version numbers c. comparing job descriptions with access privileges stored in the authority table d. attempting to retrieve unauthorized data via inference queries
Which of the following would most likely be used by a sales manager to estimate the sales potential of a prospect?
A) telemarketing B) qualifying C) trade show D) SWOT analysis E) account analysis
During the sale of a house, if the seller does not inform the buyer about construction flaws of the house despite the buyer's enquiry, the seller is liable for fraud by concealment
Indicate whether the statement is true or false