Work specialization contributes to higher employee productivity, but at the price of

a. Reduced economies of scale

b. Increased cost

c. Reduced job satisfaction

d. Restricted flow of information

d. Increased complexity

1. How has online or web-based banking changed how people choose and use financial services?

Heritage, Inc., had a cost of goods sold of $68,314. At the end of the year, the accounts payable balance was $15,486. How long on average did it take the company to pay off its suppliers during the year

Castille Corp. purchases, for $600,000, land upon which a building and a dilapidated shed are situated. Castille plans to use the building as-is for operations but immediately razes the shed at a cost of $5,000 minus scrap recovery of $1,000.

According to economists, when two people make the exactly opposite decision: a. one of them is acting irrationally. b. each person evaluates the situation according to his/her individual self-interest. c. one of them is acting out of spite. d.

The "double taxation" of corporate income refers to the taxation of corporate income at both the entity-level and the shareholder-level. T/F

Which of the following would a macroeconomist consider as investment? A. Marisa purchases a bond issued by Proctor and Gamble Corp. B. Charlie builds a new coffee shop. C. Karlee purchases stock issued by Texas Instruments, Inc. D.

Upon examination of his mortgage document, Jared finds a clause stating he will owe additional interest if he pays off his loan within one year of the loan origination date. What type of penalty does this describe?

Target markets can be selected by appealing to the entire market with one marketing mix a. False b. True

Which of the following is the proper adjusting entry, based on a prepaid insurance account balance before adjustment of $13,194 and unexpired insurance of $2,046, for the fiscal year ending on April 30-debit Prepaid Insurance, $5,849;

A 1996 bill reforming the federal government's antipoverty programs limited many welfare recipients to only two years of benefits. a. How does this change affect the incentives for working? b.