Last year, Jane spent all of her income to purchase 200 units of corn at $5 per unit. This year, she spent all of her income to purchase 180 units of corn at $6 per unit.

A) Jane's nominal income and real income decreased this year.
B) Jane's nominal income decreased this year, but her real income increased.
C) Jane's nominal income and real income increased this year.
D) Jane's nominal income increased this year, but her real income decreased.

Gain on Sale of Equipment
A)Current Assets
B)Fixed Assets
C)Intangible Assets
D)Current Liability
E)Long-Term Liability
F)Owners' Equity
G)Revenues
H)Operating Expenses
I)Other Income/Expense

The International Integrated Reporting Committee was formed by which two bodies?

A) GRI and A4S
B) NGO and GRI
C) UNHCR and IASB
D) IASB and FASB

Which type of hiring/placement interview is the most common?​

A) ​Sequential interview
B) ​Online interview
C) ​Panel interview
D) ​One-on-one interview

Which type of costing for their services are mass service entities likely to use?

A) Job costing
B) Process costing
C) Activity-based costing
D) Hybrid costing

A product made in conformity with a manufacturer's design specifications is not considered defective regardless of a flaw in the design.