1. Question : (TCO A) There is a decrease in the cost of labor for producing bicycles. (4 pts.) What happens to bicycle supply? (6 pts.) What happens to bicycle demand? Student Answer: When there is an increase in the price of labor for making bicycles the supply would decrease because it would cost more to make the bikes and the supply curve would shift to the left. There would be no change in the demand for the bicycles. Instructor Explanation: Since a change in costs to produce the
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Individual Assignment Week Two Beauty Edgley ACC/280 Principles of Accounting Mr. Bobby Lon Nelson‚ CPA‚ MBA May 20th‚ 2010 Individual Assignment Week Two The answers from this exercise comes from the book Financial Accounting chapters 1‚2‚ and 7. E1-1 Urlacher Company performs the following accounting tasks during the year. Answer: __c___Analyzing and interpreting information. ____ r__Classifying economic events. ___c___Explaining uses‚ meaning‚ and limitations of data. ___r___Keeping
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income. Instructor Explanation:Chapter 12 Points Received: 5 of 5 Comments: 2. Question : (TCO D) For which of the following decisions are opportunity costs relevant? (A)The decision to make or buy a needed partThe desision to keep or drop a product line Yes Yes (B) Yes No (C) No Yes (D) No No Student Answer: Choice A Choice B Choice C Choice D Instructor Explanation: Chapter 13 Points Received: 5 of 5 Comments: 3. Question : (TCO D) Last year‚ the House of
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xx/xx/xxxx xacc/280 week 8 Checkpoint The collapse of Enron back in 2001 shows a number of unethical practice. This company shows unethical practice in accounting as well as business. This company is a perfect example on how unethical behavior of a few people can affect millions of individuals. This also affected these individuals for many years after. Enron was the first business to have nationwide gas pipeline networks. On November 8‚ 2001 Enron made an announcement in a SEC filing that
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. (TCO 2) Bubba’s Crawfish Processing Company uses a traditional overhead allocation based on direct labor hours. For the current year overhead is estimated at $2‚250‚000 and direct labor hours are budgeted at 415‚000 hours. Actual overhead was $2‚200‚000 and actual direct labor hours worked were 422‚000. (a) Calculate the predetermined overhead rate. Rate‚ based on budgeted factory overhead cost and budgeted activity‚ that is established before a period begins. 2‚250‚000/415‚000 Budgeted
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Question 1 (5 points) $100 today is worth the SAME as $100 tomorrow. Your Answer Score Explanation True False Correct 5.00 Correct. Total 5.00 / 5.00 Question Explanation We have assumed time value of money is positive. Question 2 (5 points) At an interest rate of 10% it is better to have $200 today than $200 in 2 years. Your Answer Score Explanation False True Correct 5.00 Correct. Total 5.00 / 5.00 Question Explanation All about compounding. Question 3 (5 points) Shawn wants to buy
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honest B.mandates that parties must have legal capacity to enter a contract C.turns a contract into a criminal case if fraud is present Correct D.requires that some contracts be in writing in order to be enforced Answer Key: D Question 5 of 10 10.0 Points A counter offer is a rejection of the offer. Correct A.True B.False Answer Key: A Question 6 of 10 10.0 Points All of the following are defects that would trigger strict liability except: Correct A.customer using the
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A theory that explains the most effective pattern of leadership behavior in a specified situation is best classified as • • prescriptive 4. A contingency theory that contains mediating variables is • • multiple-linkage model • 5.One unique characteristic of followers in leadership theory is • task commitment and effort 6 Which characteristic of negative charismatic leadership is more likely to lead to failure? • • Tendency to make risky decisions • 7 Most
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Question Type: # Of Questions: # Correct: Multiple Choice 3 3 Short 2 N/A Grade Details - All Questions 1. Question : (TCO 1) The different approaches to sustainability all belong in one of three groups. These three groups are __________‚ __________‚ and ________. Student Answer: CORRECT status quo oriented‚ reform oriented‚ transformation oriented. status quo oriented‚ marketing oriented‚ transformation oriented. marketing oriented‚ reform oriented‚ transformation oriented
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Answer: a false conclusion. a vague conclusion. a pointless conclusion. a true conclusion. Instructor Explanation: The answer can be found in Chapter Three of An Introduction to Logic. Points Received: 0 of 1 Comments: Question 5. Question : Deductive arguments should never be characterized as Student Answer: true. inferences. valid. sound. Instructor Explanation: The answer can be found in Chapter Three of An Introduction to Logic. Points Received: 1 of 1
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