Answers

MZ

Answered

In the context of fraudulent misrepresentation, an opinion is objective and verifiable, whereas a fact is subject to debate.

On Jul 17, 2024


False
MZ

Answered

Which depreciation method is most frequently used in businesses today?

A) Straight-line
B) Declining-balance
C) Units-of-activity
D) Double-declining-balance

On Jul 14, 2024


A
MZ

Answered

The sequential method of allocating support department costs to production using the ABC method is the easiest and most accurate.

On Jun 16, 2024


False
MZ

Answered

What are the two major misperceptions that affect people's understanding of ethics?

On Jun 13, 2024


The two most common misperceptions that influence people's understanding of ethics are: (1) All ethical problems have simple solutions in which right and wrong are always obvious. (2) Ethics is simply a matter of complying with a set of rules or regulations.
MZ

Answered

What are the consequences of price discrimination for a business? What are the consequences for the consumer?

On May 16, 2024


Price discrimination results in higher profits for the business; it results in lower prices for the buyer with the greatest elasticity, although the buyers with the less elastic demand may have to pay more now.
MZ

Answered

Was the check properly delivered to Brad?

A) Yes, because it was bearer paper, delivery occurred whenever possession was taken.
B) Yes, because it was order paper, delivery occurred whenever possession was taken.
C) Yes, but only because it was thereafter presented to the bank and cashed.
D) Yes, because both Brad and the bank are considered holders in due course.
E) No, because he was not intended to receive it.

On May 14, 2024


E