Which of the following should be included in the acquisition cost of a piece of equipment?

a. installation costs
b. transportation costs
c. testing costs prior to placing the equipment into production
d. all of these

d

Business

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Which of the following is most likely to be an objective of export tariffs?

A. Abiding by the rules enforced by the WTO B. Curbing the competition offered by foreign firms to domestic firms C. Reducing exports from a sector, often for political reasons D. Maintaining a positive trade deficit E. Increasing the flow of capital in the international market

Business

Reasons to invest in mutual fund include

I. a wide range of services such as automatic reinvestment and systematic withdrawal plans. II. minimizing the time and effort spent choosing securities. III. rates of return that consistently beat the market averages. IV. participation in a variety of tax sheltered and tax deferred retirement programs. A) I and II only B) II, III and IV only C) I, II and IV only D) I, II, III and IV

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