Which of the following principles best describes the conceptual rational for the methods of matching depreciation expense with revenues?

a. associating cause and effect
b. systematic and rational allocation
c. immediate recognition
d. partial recognition

Answer: b. systematic and rational allocation

Business

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A unit investment trust is similar to a mutual fund, except shares are bought in units and the trust is more aggressively managed

Indicate whether the statement is true or false

Business

The way government makes use of Web 2.0 technologies to interact with citizens and provide government services best describes

A) Government 2.0. B) Social Networking 2.0. C) Internet 2.0. D) Democracy 2.0.

Business