Buerhle Company needs to determine if its indefinite-life intangibles other than goodwill have been impaired and should be reduced or written off on its balance sheet. The impairment test(s) to be used is (are) Recoverability Test Fair Value Test

a. Yes Yes
b. Yes No
c. No Yes
d. No No

Ans: c. No Yes

Business

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Whenever the extra price that a product commands outweighs the cost of achieving the differentiation, ___________ is enhanced.

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

Business

Which of the following is defined as the need to believe that the world is fair and that people get what they deserve?

a. Fundamental attribution error b. Self-serving bias c. Just world hypothesis d. Karma effect

Business