What is the opposite of perfect competition ?
What is the opposite of perfect competition ?
A. Monopsony
B. Oligopoly
C. Oligopsony
D. Monopoly
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What type of depreciation is due to the reduction of the physical ability of an equipment or asset to produce results ?
What type of depreciation is due to the reduction of the physical ability of an equipment or asset to produce results ?A. Functional depreciation
B. Design depreciation
C. Physical depreciation
D. Demand depreciationA uniform series of payment occurring at equal interval of time is called ____________________?
A uniform series of payment occurring at equal interval of time is called ____________________?A. Annuity
B. Amortization
C. Depreciation
D. BondDouble taxation is a disadvantage of which business organization ?
Double taxation is a disadvantage of which business organization ?A. Sole proprietorship
B. Partnership
C. Corporation
D. EnterpriseWhat is the type of annuity where the first payment does not begin until some later date in the cash flow ?
What is the type of annuity where the first payment does not begin until some later date in the cash flow ?A. Ordinary annuity
B. Perpetuity
C. Annuity due
D. Deferred annuityA form of business firm which is owned and run by a group of individuals for their mutual benefit is called ___________________?
A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ___________________?A. Cooperative
B. Corporation
C. Enterprise
D. PartnershipABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method ?
ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method ?A. 7 eyars
B. 8 years
C. 9 years
D. 10 years