For a proposal to be considered a contractual offer,the offeror must have what type of intent?

A) Present intent to contract
B) Future intent to contract
C) No intent to contract
D) Past intent to contract

Which situation would most likely cause a DECREASE in consumer surplus in the toy market?

A) The cost of shipping increases because of higher oil prices.
B) Consumer income increases.
C) There is an unexpected baby boom.
D) A new assembly line design increases worker productivity.

Which of the following recruitment methods can offer recruiters the unique advantage of identifying individuals who have rare job skills and the right work attitude?

A) write-ins
B) walk-ins
C) employee referrals
D) advertising
E) social media

Which of the following represents a correlation between two variables?

A) A cause-and-effect linkage between two factors
B) The sum of two items in a group
C) The relationship between subsets of data for each item
D) A simultaneous change in both variables
E) A definite pattern over time

At the date of acquisition there is no recognition of a deferred tax item in respect to goodwill because it is a residual amount and the recognition of a deferred tax item would:

A) decrease the profit on consolidation.
B) increase the profit on consolidation.
C) increase the carrying amount of goodwill.
D) decrease the carrying amount of goodwill.

The profitability index of investment project X is closest to:

A) 0.11
B) 0.88
C) 1.12
D) 0.12

How much cost, in total, was assigned to the units transferred out to the next department during the month?

A) $549,500
B) $584,400
C) $502,600
D) $535,000

A measure of asset utilization is

A) sales divided by working capital.
B) return on total assets.
C) return on equity capital.
D) operating profit divided by sales.
E) None of the options are correct.