Which of the following is not a measurement issue in accounting?

a. When to record a business transaction
b. How to classify the items of a business transaction
c. What value to place on a business transaction
d. Where to record a business transaction

D

Business

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Government price controls are policies that attempt to maintain the:

a) market price at equilibrium. b) quantity sold at less than the quantity bought. c) quantity bought at less than the quantity sold. d) the price at some disequilibrium value. e) price requested by the seller.

Business

Referring to Table 8-5, which of the following constraints would be used?

A) 9T + 12B ? 12 B) 1T + 1B ? 10 C) 1T + 2B ? 12 D) All of the above E) None of the above

Business