good

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good

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Asked 8/28/2013 6:25:59 PM

Updated 5/20/2014 3:58:32 AM

2 Answers/Comments

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User: good

Weegy: Web definitions for good, having desirable qualities especially those suitable for a thing specified.
sharpies|Points 8877|

User: The conceptual framework developed by the Financial Accounting Standards Board __________. A. was approved by a vote of all accountants B. are rules that all accountants must follow C. is viewed as providing a constitution for setting accounting standards for financial reporting D. is legally binding on all accountants

Weegy: The conceptual framework developed by the Financial Accounting Standards Board -> A. is viewed as providing a constitution for setting accounting standards for financial reporting.
sujaysen|Points 4942|

User: What exists when budgeted costs exceed actual results? A. A budgeting error B. A favorable difference C. An unfavorable difference D. An excess profit

Weegy: D. A favorable difference
bdhouston|Points 782|

User: Which list below best describes the major services performed by public accountants? A. Bookkeeping, mergers, budgets B. Employee training, auditing, bookkeeping C. Auditing, taxation, management consulting D. Cost accounting, production scheduling, recruiting

Weegy: The answer is letter D. Auditing, taxation, management consulting
drako888|Points 77|

User: A well-designed activity-based costing system starts with __________. A. identifying the activity-cost pools B. computing the activity-based overhead rate C. assigning manufacturing overhead costs for each activity cost pool to products D. analyzing the activities performed to manufacture a product

Weegy: A well-designed activity-based costing system starts with B. analyzing the activities performed to manufacture a product.
Sting|Points 4594|

User: The cost of an asset and its fair market value are __________. A. never the same B. the same when the asset is sold C. irrelevant when the asset is used by the business in its operations D. the same on the date of acquisition

Weegy: The cost of an asset and its fair market value are the same on the date of acquisition.
wisbest|Points 2809|

User: Disney’s variable costs are 30% of sales. The company is contemplating an advertising campaign that will cost $22,000. If sales are expected to increase $40,000, by how much will the company's net income increase? A. $18,000 B. $28,000 C. $12,000 D. $6,000

Weegy: Increased Contribution Margin = $40,000 x 70%, or 28,000. New ad campaign costs $22,000, so the net Income increase will be the difference, $6,000.
jeifunk|Points 10163|

User: Which one of the following items is not generally used in preparing a statement of cash flows? A. Adjusted trial balance B. Comparative balance sheets C. Current income statement D. Additional information

Weegy: Which one of the following items is not generally used in preparing a statement of cash flows? A)Adjusted trial balance.
Tachek|Points 250|

User: The cost principle requires that when assets are acquired, they be recorded at __________. A. appraisal value B. exchange price paid C. selling price D. list price

User: Sam's Used Cars uses the specific identification method of costing inventory. During March, Sam purchased three cars for $6,000, $7,500, and $9,750, respectively. During March, two cars are sold for $9,000 each. Sam determines that at March 31, the $9,750 car is still on hand. What is Sam’s gross profit for March? A. $5,250 B. $4,500 C. $750 D. $8,250

Weegy: Answer: B. $4,500 is Sam s gross profit for March.
yumdrea|Points 1001|

User: The income statement and balance sheet columns of Pine Company's worksheet reflects the following totals: Income Statement Balance Sheet Dr. Cr. Dr. Cr. Totals $58,000 $48,000 $34,000 $44,000 The net income (or loss) for the period is __________. A. $48,000 income B. $10,000 loss C. not determinable D. $10,000 income

Weegy: C. income statement credit column and the balance sheet debit column
jeifunk|Points 10163|

User: The general term for market structures that fall somewhere in-between monopoly and perfect competition is __________. A. incomplete markets B. oligopoly markets C. monopolistically competitive markets D. imperfectly competitive markets

Weegy: The general term for market structures that fall somewhere in-between monopoly and perfect competition is: C. oligopoly markets.
andrewpallarca|Points 24924|

User: Which of the following statements about GDP is correct? A. GDP measures two things at once: the total income of everyone in the economy and the unemployment rate. B. GDP is to a nation’s economy as household income is to a household. C. GDP increases if the total population increases. D. Money continuously flows from households to government and then back to households, and GDP measures this flow of money.

Weegy: A. Money continuously flows from households to government and then back to households, and GDP measures this flow of money.
WaKayLabot|Points 10|

User: There are two types of markets in which firms face some competition yet are still able to have some control over the prices of their products. The names given to these market structures are __________. A. monopolistic competition and oligopoly B. perfect competition and monopolistic competition C. duopoly and imperfect competition D. duopoly and triopoly

Weegy: C. monopolistic competition and oligopoly
dkecter|Points 120|

User: When, in a particular market, the law of demand and the law of supply both apply, the imposition of a binding price ceiling in that market causes quantity demanded to be __________. A. greater than quantity supplied B. equal to quantity supplied C. double the quantity supplied D. less than quantity supplied

User: What you give up to obtain an item is called your __________. A. opportunity cost B. true cost C. direct cost D. explicit cost

User: Over the past two decades, the United States has __________. A. had trade deficits in about as many years as it has trade surpluses. B. persistently had a trade surplus. C. persistently had a trade deficit. D. generally had, or been very near to a trade balance.

Weegy: Over the past two decades, the United States has C. persistently had a trade deficit.
eula_marie|Points 191|

User: The principal lag for monetary policy __________. A. and fiscal policy is the time it takes for policy to change spending B. is the time it takes for policy to change spending. The principal lag for fiscal policy is the time it takes to implement it C. is the time it takes to implement policy. The principal lag for fiscal policy is the time it takes for policy to change spending D. and fiscal policy is the time it takes to implement policy

Weegy: B. is the time it takes for policy to change spending. The principal lag for fiscal policy is the time it takes to implement it
rajik|Points 78|

User: The model of short-run economic fluctuations focuses on the price level and __________. A. economic growth B. Net GDP C. the neutrality of money D. real GDP

Weegy: nternet service providers would be free to block or impede any online content or services, for any reason. [ [ They could also charge websites or applications for "priority service," practically assuring that any site that couldn't or wouldn't pay their fees would no longer work as well or be as easy to find. That could spell the end of innovation, as small businesses, entrepreneurs, local governments, nonprofits and others would be locked out of a system controlled by the big telephone and cable companies. If network providers are allowed to control the flow of information, the open and freewheeling nature of the Internet could be lost. Yes, I would be effected. I use the internet everyday to community with family and friends and if the government started taking control of the internet and Censoring it. There would be nore more of free speech. ] ]
Narkotiq|Points 337|

User: Which of the following statements does NOT support Total Quality Management? A. Break down barriers among departments B. Use numerical quotas C. Creating silos between departments D. Build long-term relationships instead of awarding business on price tag alone E. Strive for long-term improvement rather than short-term profit

Weegy: C. Break down barriers among departments does NOT support Total Quality Management.
alfred123|Points 3380|

User: Teams that work on long-term projects but disband once the work is completed are known as: A. Management teams B. Project and development teams C. Transnational teams D. Traditional work groups E. Parallel teams

Weegy: Teams that work on long-term projects but disband once the work is completed are known as D. Project and development teams.
OxTornado007|Points 6899|

User: When a company establishes technology leadership by pioneering unique products or services that command premium prices, it has benefited from a: A. High-price strategy B. High-cost strategy C. Differentiation strategy D. Diversification strategy E. Low-cost strategy

Weegy: When a company establishes technology leadership by pioneering unique products or services that command premium prices, it has benefited from a: E. Differentiation strategy.
andrewpallarca|Points 24924|

User: The most dominant areas in the global economy include: A. North America, Mexico and Asia B. North America, Western Europe and Asia C. Western Europe, Asia and Africa D. North America, Asia and Africa E. North America, South America and Western Europe

User: In a random sample of 810 women employees, it is found that 81 would prefer working for a female boss. The width of the 95% confidence interval for the proportion of women who prefer a female boss is _____. A. ± .0196 B. ± .0207 C. ± .0288 D. ± .0105

Weegy: B. ? .0288
Eusph|Points 177|

User: A financial institution wishes to estimate the mean balances owed by its credit card customers. The population standard deviation is estimated to be $300. If a 98 percent confidence interval is used and an interval of ±$75 is desired, how many cardholders should be sampled? A. 629 B. 62 C. 3382 D. 87

Weegy: A financial institution wishes to estimate the mean balances owed by its credit card customers. The population standard deviation is estimated to be $300. [ If a 98 percent confidence interval is used and an interval of $75 is desired. Answer is D.87-cardholders should be sampled. ]
yumdrea|Points 1001|

User: Use the following table to answer question: Are Service provider and county independent events? A. No B. Yes C. Insufficient information to determine

Weegy: Use the following table to answer question: Are Service provider and county independent events? A. Insufficient information to determine.
deathzyke|Points 31|

User: Assume that the arrival of airplanes at a one-runway airport is a Poisson distribution with a mean rate of = 8 planes per hour. The landing time is an exponential distribution with a mean of 5 minutes per plane. What is the mean number of planes in the system? A. 1.33 B. 1.67 C. 2 D. 1

Weegy: A
Andrew_Trivisonno|Points 21|

User: In an activity-on-node [AON] network, the nodes represent ____________, whereas the arcs represent ____________. A. activities; precedence relationships B. events; activities C. precedence relationships; time D. activities; time

User: Suppose that the optimal values of the decision variables to a two-variable linear programming problem remain the same as long as the slope of the objective function lies between the slopes of the following two constraints: 2X1 + 3X2 26 2X1 + 2X2 20 The current objective function is: 8X1 + 9X2 = Z

Weegy: B. 0 c1 2
bryan Lala|Points 20|

User: Theoretically, service capacity must exceed demand, lest queues become infinitely long. If capacity does not exceed demand, what is likely to happen? A. Servers will decrease time spent per customer, thereby increasing capacity. B. All of these C. Customers will renege or balk, thereby reducing demand. D. Servers will eliminate time-consuming portions of their jobs, thereby increasing capacity.

Weegy: Theoretically, service capacity must exceed demand, lest queues become infinitely long. If capacity does not exceed demand, all the above will likely happen.
vonna79|Points 466|

User: When your purchases are swiped over the bar-code reader at the point-of-sale terminals at Wal-Mart, a _____ records the data. A. dashboard B. enterprise resource planning system C. transaction processing system D. office automation system E. functional area information system

Weegy: When your purchases are swiped over the bar-code reader at the point-of-sale terminals at Wal-Mart, a TRANSACTION PROCESSING SYSTEM records the data.
debnjerry|Points 50063|

User: Which of the following is not a source for external data? A. sensors B. satellites C. commercial databases D. government reports E. corporate databases

User: Various organizations that promote fair and responsible use of information systems often develop __________. A. a mission statement B. responsibility charters C. a code of ethics D. a goals outline E. a strategic plan

Weegy: My answer is D. Government Reports
Expert answered|mark.emilio@ymail.com|Points 51|

Question

Asked 8/28/2013 6:25:59 PM

Updated 5/20/2014 3:58:32 AM

2 Answers/Comments

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WeeCHEN

The cost principle requires that when assets are acquired, they be recorded at exchange price paid.

Added 5/5/2014 4:36:00 AM

This answer has been confirmed as correct and helpful.

Confirmed by jeifunk [5/20/2014 4:04:23 AM], Rated good by jeifunk

WeeCHEN