Name: ________________________ Class: ___________________ Date: __________ ID: A Business Law Mid-Term (Chapters 1-4) Multiple Choice Identify the letter of the choice that best completes the statement or answers the question. ____ 1. 1. Select the best definition of ethics: a. c. the right of all persons to have the same access to the law and courts. b. ____ a fundamental principle of fairness in all legal matters. a set of principles of right conduct. d. group
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1. Question : (TCO A‚ B‚ C) External users want answers to all of the following questions except: Student Answer: Is the company earning satisfactory income? Will the company be able to pay its debts as they come due? Did the company use a budget to plan its expenses? How does the company compare in profitability with competitors? Instructor Explanation: Chapter 1 page 6 Points Received: 3 of 3 Comments: 2. Question : (TCO C) Debt securities sold
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1. Critique on this comment: "People are spending most of their time online and they are communicating via social networking platforms like Twitter and Facebook. As such‚ there’s no need for companies to advertise in traditional media such as TV‚ newspaper or radio anymore." Social media tools like Twitter and Facebook have taken the world by storm‚ as is expected of any social networking platform of such colossal magnitude. According to a survey from Constant Contact a company that facilitates
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1. Which of the following companies would be most likely to use a job-order costing system rather than a process costing system? I. Shipbuilding II. Crude oil refining 2. At the end of a period‚ after overhead has been applied to all jobs‚ manufacturing overhead has a credit balance of $900. We say that overhead is: a. Correctly applied b. Overapplied c. Underapplied d. None of the above 3. Using the variable costing method‚ which of the following costs are assigned to inventory? a. Variable factory
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1. According to our readings‚ which of these does not characterize experience with the sacred? a) Fear b) Fascination c) Ambivalence d) Extreme Anger 2. According to our readings‚ a hierophany is a) a person who experience the sacred b) the act of manifesting the sacred c) the place where the sacred is experience 3. According to the textbook‚ the imago mundi is Mircia Eliade’s way of describing: a) an image of a communities sense of the original cosmic order b) a man who consecrates a
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AOSC 200 Fall 2011 Key Topics to Study for the Final Exam What is the carbon dioxide and hydrologic cycles? What are the sources and sinks of each? Carbon Dioxide Cycle: How carbon is recycled through the atmosphere - Maximum CO2 in the Spring and minimum in the Fall because Spring comes right after winter. Therefore‚ all the plants that died during the Winter are not taking in CO2 for photosynthesis. Because these plants are not taking in CO2 there is more of it in the atmosphere. However
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Glossary Chapter 1 accounting information system (AIS) A specialized subsystem of the IS that collects‚ processes‚ and reports information related to the financial aspects of business events. accuracy The correspondence or agreement between the information and the actual events or objects that the information represents. availability Relates to information being available when required by the business process now and in the future. It also concerns the safeguarding of necessary resources
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Chapter 16 1.) All of the following factors contributed to explosive economic growth during the Gilded Age EXCEPT: Question options: | a) | availability of capital for investment. | | b) | a growing supply of labor. | | c) | abundant natural resources. | | d) | low tariffs. | | e) | federal land grants to railroads. | | | 1 / 1 point | 2.) By 1890‚ the majority of Americans: Question options: | a) | worked as farmers. | | b) | worked as independent craftsmen
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CHAPTER 06 - Financial Strategy * Objectives and Goals * Financial – not necessarily profits‚ but return on investment (ROI) – primary focus * Performance measure by return on assets (ROA) – the profit generated by the assets possessed by the firm. * Societal (more difficult) – helping to improve the world around us * Personal – self-gratification‚ status‚ respect * Profit Margin Management Path * Measured by the retailer’s income statement (statement
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Coherent Psychology: the scientific study of the human mind and its functions‚ especially those affecting behavior in a given context. How is psychology a science? It is based on the scientific method. In other words we use research and empirical data to answer theories‚ make predictions and try to explain a phenomena. In Psychology‚ you observe human behavior. The availability heuristic is a mental shortcut that relies on immediate examples that come to mind. The availability heuristic operates
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