Accounting practices are affected by all of the following except:

A. Political systems.

B. Economic systems.

C. Technology and infrastructure.

D. Management knowledge of accounting practices.

D

Business

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Stacey deposits $5,000 into an account that pays 2 percent interest, compounded annually. At the same time, Kurt deposits $5,000 into an account paying 3.5 percent interest, compounded annually. At the end of three years:

a. both stacey and kurt will have accounts of equal value b. kurt will have twice the money saved that stacey does c. kurt will earn exactly twice the amount of interest that stacey earned d. kurt will have a larger account value than stacey will e stacey will have more money saved than kurt

Business

Firms that serve small segments not being pursued by other firms are called ________

A) market followers B) market mavens C) market challengers D) market nichers E) market leaders

Business