In the period 2005-2012,the annual productivity growth rate was approximately _____.

A) 1.6 percent per year
B) 3 percent per year
C) 4.2 percent per year
D) 5 percent per year
E) 6 percent per year

Gabriel applies for a home loan.Mark signs the agreement promising to pay off the debt in case Gabriel fails to do so.In this case Mark is:

A) the guarantor.
B) the obligee.
C) the obligor.
D) the assignor.

The primary reason that first-time entrepreneurs run out of cash at a faster rate than they bring in customers and profitable sales is that they have not focused on the right opportunity.

Abbott Limited grants 500 share options to each of its 20 employees. Each grant is conditional on the employee working for the company for the next three years. The fair value of each option is estimated to be $6.00 at grant date and $8.00 at vesting date. The amount to be recognised as an expense by Abbott Limited in year 2 is:

A) $40 000.
B) $20 000.
C) $60 000.
D) $80 000.