An advantage of the direct approach for communicating bad news is that it keeps the message short.

Mitch makes payments on a car loan. If the price level a year ago was 120 and people expected it to rise to 125 but it actually rose to 128, what happened to the real value of Mitch's payment as opposed to what he was expecting to happen? Express your answer to the nearest 100th.

On the first day of the fiscal year, a company issues a $500,000, 8%, 10-year bond that pays semiannual interest of $20,000 ($500,000 × 8% × 1/2), receiving cash of $530,000. Journalize the entry to record the issuance of the bonds.

A government's seizure of assets as a result of political action is known as _____.

A) expropriation
B) repatriation
C) immigration
D) deportation

The units-of-activity depreciation method provides a good match of expenses against revenue.

The United States can produce 30 computers for every car it produces,and Japan can produce 15 computers for every car it produces.Based on this information,which statement is INCORRECT?

A) The United States should specialize in computer production.
B) Japan has the comparative advantage in car production.
C) There will be gains from trade if the United States exports computers to Japan.
D) Japan has an absolute advantage in car production.

Economists at which administrative department help design tax policy?

Which of the following is not one of the methods for maintaining organizational culture?

A) criteria for selection and promotion
B) reactions to incidents and crises
C) allocation of rewards and status
D) revision of the organizational structure