Master Business with Fun Quizzes & Brain Teasers!

Jose is opening a small restaurant. On weekends, he works with his cousin to construct the tables, chairs, and counters that will go into the restaurant. What is the name given to the result of these efforts
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A general term for a middleman that actually buys from producers or other middlemen and then resells goods to consumers is a _____
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When considering which monetary policy to implement, the Central Bank needs to also be conscious of the tradeoff between
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Because there is no provision for long-term care in the United States, ________ has become the de facto program financing nursing home residents when they have exhausted their savings.
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Horizontal analysis ______. Multiple choice question. identifies the relative contribution made by each financial statement line item is used to identify trends over time provides an understanding of the relationships among various items on financial statements
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SeanSoft, a global digital media company, provides realistic job previews (RJPs) on its website through videos. The videos display the nature of work at the company and the organizational culture. The videos include footage of employees describing their challenges at work and the skills required to meet the organization's expectations. Given the scenario, it is likely that the job candidates who receive the company's RJP will:
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In a recent meeting with the CEO and top executive management team, an HR manager was asked to present several possible HR responses to the economic downturn, including layoffs. This responsibility best illustrates the HR manager's role as
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An annual fee charged by a number of open-end mutual funds that's supposed to be used to offset promotion and selling expenses is called the
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In Year 1, a company purchased equipment that cost $70,000. The equipment has a useful life of seven years and no salvage value. The company used the straight-line method to depreciate the equipment and reported $10,000 of depreciation expense in Years 1 and 2. At the beginning of Year 3, the company determines that the equipment will last for only three more years (five years total) and changes the depreciable life of the asset accordingly. What amount of depreciation expense should the company report in Year 3?
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Shyla has two children, Amar, age 8, and Darsh, age 10. Amar and Darsh attended daycare after school. Shyla paid $14,000 in child care expenses in 2021. Her AGI is $120,000. What is the amount of her Child and Dependent Care Expenses Credit
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A new business has total sales of $7,500 and cost of goods sold is $3,733. What is the gross margin from sales?
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Which of the following must be present for a check to be legitimate? I. Your signature II. A memo or note III. The payee a. I and II b. III only c. I and III d. I, II, and III.
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Equipment has a book value of $16,000 and a fair value of $14,750. The decline in value meets the impairment test. Prepare the entry to record this $1,250 impairment.
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William (71), a retired single taxpayer, received a monthly pension of $2,500 ($30,000 annually). He did not contribute any after-tax dollars to the plan while he was working; his employer paid all the costs. William received a 2020 Form 1099-R reporting a gross distribution of $30,000 in box 1, but box 2 of the form is blank. How much of William's pension distribution is taxable
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Shari is analyzing an incentive plan she has at work and has just completed exercising the option. What process has Shari completed
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Sue is considering splitting the cost of a new TV with her roommate. Her share would be $305.22. Can Sue afford this
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Select the correct answer from each drop-down menu.Fourteen-year old Eric wants to work during his school vacation. What time limits would apply to Eric on normal days to take up any work?Eric may only work betweenandy during his school vacation,
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If the long-run market supply curve for a perfectly competitive market is upward sloping, then this industry exhibits _____ costs. increasing decreasing constant an absence of marginal
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The reserve requirement is 10%, and Olga withdraws $3,000 for travel money from her checking account. Assume that banks do not hold excess reserves and that the public holds only checkable bank deposits, i.e., no currency. As a result of the withdrawal, required reserves _____ by _____. decrease; $300 increase; $300 decrease; $3,000 increase; $3,000
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Alluras Little Robotics Company sells Good S in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $62 per unit.
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What would happen to the U.S. demand-for-pounds curve of British textiles became fashionable in the United States
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Majestic Theaters has plans to build a new $30 million movie theater and intends to finance this project through the sale of additional shares of ownership in their firm. Selling new shares of stock represents __________ financing.
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Maxwell Agricultural Inc. is a farm implement manufacturing company. It distributes shares of stock to its employees by placing the stock in a trust managed on the employees' behalf. What is Maxwell Agricultural using in this scenario
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An exclusive right to display a word, slogan, symbol, or emblem that distinctively identifies a company, product, or service is referred to as a
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