The term opportunity loss is most closely related to:
A) maximin regret.
B) maximax regret.
C) minimax regret.
D) minimin regret.
Answer: C
Business
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On December 31, 2011, the unadjusted trial balance shows Supplies of $800. However, only $100 of supplies remains. Prepare the adjusting journal entry at December 31, 2011
Date Transaction Debit Credit
Business
A special catch-up provision permits workers age 50 or older to contribute an additional ____ to most employer-sponsored plans
a. $3,000 b. $5,000 c. $5,500 d. $16,000
Business