Answers

SG

Answered

A price floor set above the equilibrium price is not binding.

On Jul 13, 2024


False
SG

Answered

​The "lemons" problem is that

A) ​cars of verifiable high quality are withheld from the used car market
B) cars of verifiable low quality are withheld from the used car market
C) cars of unverifiable high quality are withheld from the used car market
D) ​cars of unverifiable low quality are withheld from the used car market

On Jul 11, 2024


C
SG

Answered

The Management Position Description Questionnaire (MDPQ) :

A) is designed for analyzing all managerial positions
B) can be used to determine the training needs of employees moving into managerial positions
C) is used to place new managerial jobs into the right job family
D) can be used in the development of performance appraisal forms
E) is accurately described by all of the above

On Jun 13, 2024


E
SG

Answered

Carrie Company sold merchandise with an invoice price of $1,000 to Underwood,Inc. ,with terms of 2/10,n/30.Which of the following is the correct entry to record the payment by Underwood Inc. ,within 10 days if the company uses the perpetual inventory system and the gross method to record purchases?

A) Carrie Company sold merchandise with an invoice price of $1,000 to Underwood,Inc. ,with terms of 2/10,n/30.Which of the following is the correct entry to record the payment by Underwood Inc. ,within 10 days if the company uses the perpetual inventory system and the gross method to record purchases? A)    B)    C)    D)
B) Carrie Company sold merchandise with an invoice price of $1,000 to Underwood,Inc. ,with terms of 2/10,n/30.Which of the following is the correct entry to record the payment by Underwood Inc. ,within 10 days if the company uses the perpetual inventory system and the gross method to record purchases? A)    B)    C)    D)
C) Carrie Company sold merchandise with an invoice price of $1,000 to Underwood,Inc. ,with terms of 2/10,n/30.Which of the following is the correct entry to record the payment by Underwood Inc. ,within 10 days if the company uses the perpetual inventory system and the gross method to record purchases? A)    B)    C)    D)
D) Carrie Company sold merchandise with an invoice price of $1,000 to Underwood,Inc. ,with terms of 2/10,n/30.Which of the following is the correct entry to record the payment by Underwood Inc. ,within 10 days if the company uses the perpetual inventory system and the gross method to record purchases? A)    B)    C)    D)

On Jun 11, 2024


B
SG

Answered

A product that provides the utmost in convenience is said to offer exceptional:

A) time and place utility.
B) place and possession utility.
C) time and possession utility.
D) form and time utility.
E) form and place utility.

On May 14, 2024


A
SG

Answered

Which statement regarding normal cash flows is correct?

A) If a project has normal cash flows, then its IRR must be positive.
B) If a project has normal cash flows, then its MIRR must be positive.
C) If a project has normal cash flows, then it will have exactly two real IRRs.
D) If a project has normal cash flows, then it can have only one real IRR, whereas a project with non-normal cash flows might have more than one real IRR.

On May 12, 2024


D