Which estate is of definite duration?
A. An estate at will
B. An estate for years
C. A freehold interest
D. A periodic tenancy
Answer: B. An estate for years
Business
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Which of the following liability accounts is likely to be reduced by an action other than payment of cash?
A. Wages payable B. Deferred subscriptions revenue C. Accounts Payable D. All the above will be satisfied by cash payment
Business
The Dulac Box plant produces 500 cypress packing boxes in two 10-hour shifts. Due to higher demand, they have decided to operate three 8-hour shifts instead. They are now able to produce 600 boxes per day. What has happened to productivity?
A) It has not changed. B) It has increased by 37.5 boxes/hr. C) It has increased by 20%. D) It has decreased by 8.3%. E) It has decreased by 9.1%.
Business