Responsibility accounting reports for profit centers will include
A) costs.
B) revenues.
C) expenses and fixed assets.
D) revenues, expenses, net income or loss from operations.
D
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Which of the following legislations requires the federal government to base all its employment policies on merit and fitness?
A. The Thirteenth Amendment to the Constitution B. Executive Order 11478 C. Civil Rights Act of 1866 D. Civil Rights Act of 1871 E. Rehabilitation Act of 1973
Which of the following is a reason for hedging a portfolio with an index futures?
A. The investor believes the stocks in the portfolio will perform better than the market but is uncertain about the future performance of the market B. The investor believes the stocks in the portfolio will perform better than the market and the market is expected to do well C. The portfolio is not well diversified and so its return is uncertain D. All of the above