The net realizable value (NRV) method allocates joint costs to joint products produced during the accounting period on the basis of their relative NRV—final sales value plus separable costs

Technology funds focus on technology based firms. Which of the following statements regarding these firms is not true?

A) Many of these firms are relatively young. B) They have a low degree of risk. C) They have potential for high returns. D) They do not have a consistent record of strong performance.

What marks the key difference between economic systems?

A) The way the factors of production are managed B) The way goods are transported within their borders C) The way rules and regulations are legislated D) The way workers are relocated to different regions E) The way basic necessities are determined