Costs that do not vary with production levels or sales revenue are known as ________
A) overhead costs
B) variable costs
C) average costs
D) opportunity costs
E) total costs
A
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Refer to the following information: 1. Repayments on Long-term Notes Payable $58,000 2. New borrowing on Long-term Notes Payable $19,000 Which of the following statements is correct? A) Net cash used for financing activities is $(39,000 ). B) Net cash used for investing activities will is $58,000. C) Net cash provided by financing activities is $39,000. D) Net cash provided by investing activities is to $39,000.
A broker who is hired by an owner to sell his property must reveal all significant and material information to the principal. Which of the following would be considered material information and must be revealed:
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