The theory of ________ implies that you should allow another firm to perform work activities for your company if that company can do it more productively than you can

Which of the following items would not affect the investor's income for the period?

a. interest received on a temporary investment in bonds b. dividends received on a long-term investment in stock where the investor owns 10% of the investee's stock c. dividends received on a long-term investment in stock where the investor owns 30% of the investee's stock d. interest received on a long-term investment in bonds

Which of the following is a negotiable instrument that represents a direction to pay money?

a. Certificates of deposit b. Notes c. Drafts d. Gold