Conservatives and liberals ___ on the causes of poverty and ___ on how to solve the poverty problem.

A) agree;agree
B) agree;disagree
C) disagree;agree
D) disagree;disagree

Common size income statements recast each statement item as a percent of total assets.

A weak Internet signal is an example of channel noise.

Which of these trade agreements represents the highest level of integration among participating nations?

A) NAFTA
B) EU
C) GNI
D) ASEAN
E) CAFTA

Which of the following reflects the impact of a transaction where $200,000 cash was invested by stockholders in exchange for stock?

A) Assets and retained earnings each increased $200,000.
B) Assets and revenues each increased $200,000.
C) Stockholders' equity and revenues each increased $200,000.
D) Stockholders' equity and assets each increased $200,000.

Fresco Inc. insures the life of Giotto, a key Fresco executive. Giotto leaves the firm to work for HVAC Company. Fresco continues to pay the premiums on the policy. Giotto subsequently dies. Benefits under the policy can be collected by

A) Giotto's estate.
B) Fresco.
C) HVAC.
D) none of the choices.