____ means not having enough resources to satisfy every need.

Fill in the blank(s) with the appropriate word(s).

Ans: Scarcity

Business

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Which of the following costs incurred with developing computer software for internal use should be capitalized?

a. Evaluation of alternatives. b. Coding. c. Training. d. Maintenance.

Business

It's important for partners to spell out the details of their partnership arrangements in writing because ________

A) the partnership is not a legally recognized business until the arrangement is in writing B) a written agreement will help reduce misunderstandings and disagreements among the partners C) putting the agreement in writing will limit the liability of each partner to a specified level D) doing so will make it easier to convert the business to a corporation at a later date E) the law requires these arrangements to be filed with state and federal authorities

Business