Which factor of production includes human-made resources used to produce a good or a service?

A.

land

B.

labor

C.

capital

D.

entrepreneurship

A static budget report is appropriate for a. fixed manufacturing costs and fixed selling & administrative expenses. b. fixed manufacturing costs only. c. fixed selling and administrative expenses only. d. variable selling and administrative expenses.

A laryngectomy is often performed to treat dysphagia. True False

All of the following are true with regards to activity-based costing for service businesses except a. the multiple department factory overhead rate method may lead to distortions of costs. b.

True or False. The difference between Q3 (quartile 3) and Q1 (quartile 1) is referred to as the IQR (interquartile range) and is a measure of the middle 50% of our data.

The Incident Command System (ICS) is only applicable to large, complex incidents. True / False.

An audience is first asked to write the last 2 digits of their social security number, and, second, to submit mock bids on items such as wine and chocolate.

Which of the following statements is false? Multiple Choice Prepaid insurance is a deferred expense. Prepaid insurance represents a future economic benefit. Prepaid insurance is shown on the income statement.

Under which conditions is price elasticity of supply relatively elastic or relatively inelastic? 1. Firms are operating in the short run 2. Firms would have a hard time storing their goods 3. Firms have a large amount of excess capacity 4.

Maurice bought 25 shares of stock at $9.85 per share and sold them for $11.22 per share. What was his perchase price

Where does money come from