Mindblown: a blog about philosophy.
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The differences between the amount borrowed and the amount repaid is referred to as _____?
Question:- The differences between the amount borrowed and the amount repaid is referred to as _____? Answer: Interest Interest is the cost or the rate of interest charged on money advanced or the amount given by one person to another for the use of amount for a certain period of time. It is normally expressed…
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What state borders the most states in the U.S.?
Question:- What state borders the most states in the U.S.? Answer: Missouri Missouri shares borders with eight different states: The territorial boundaries place the state in the following manner; Iowa in the north; Illinois in the east; Kentucky across the Mississippi in the east; Tennessee in the southeast; Arkansas in the south; Oklahoma in the…
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How much does a human skeleton weigh?
Question:- How much does a human skeleton weigh? Answer The linear mass of average adult human skeleton is approximately 0.1 – 0.15 of the body masses which varies from 12 to 24 pounds or 5. 4 – 10. 9 kilograms. The following parameters can therefore be used to determine the weight of a human skeleton,…
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Which hormone directly affects the permeability of the collecting duct to water?
Which hormone directly affects the permeability of the collecting duct to water? a. ANP b. ADH c. BNP d. Aldosterone Answer: b. ADH In the hypothalamus, there is production of ADH and its release into the posterior pituitary gland. Its major function is to regulate the degree of water being returned to the kidneys by…
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When using a flexible budget, what will occur to fixed costs as the activity level increases within the relevant range?
When using a flexible budget, what will occur to fixed costs as the activity level increases within the relevant range? A. Fixed costs per unit will decrease. B. Fixed costs per unit will remain unchanged. C. Fixed costs per unit will increase. D. Fixed costs are not considered in flexible budgeting. Answer: A. Fixed costs…
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_____ is a major disadvantage of the corporate form of business.
_____ is a major disadvantage of the corporate form of business. a) Double taxation b) Unlimited liability c) Lack of ability to raise capital d) Transfer of ownership Answer. a) Double taxation One of the major demerits of business conducted under the corporate form of business is the issue of taxation in as much as…
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Which of the following are true about accounting:
Which of the following are true about accounting: a. Accounting is a system of record keeping b. Accounting focuses on cash flow c. Accounting emphasizes financial theory d. Both a & b Answer: d. Both a & b Accounting will therefore conform to this definition that perhaps defines it better as statement ‘a’ which is…
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A favorable labor rate variance indicates that: A. Actual hours exceed standard hours.
A favorable labor rate variance indicates that: A. Actual hours exceed standard hours. B. Standard hours exceed actual hours. C. The actual rate exceeds the standard rate. D. The standard rate exceeds the actual rate. Answer: B. Standard hours exceed actual hours. A favourable labour rate variance shows that actual labour hours used to produce…
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Which of the following is the second step in the decision making process model?
Which of the following is the second step in the decision making process model? a. Gather feedback b. Identify the existing problem c. Select the most beneficial of alternatives d. List possible alternatives for solving the problems Answer: An example of quaternary economic activity is education and research. The quaternary sector is related to the…
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What is the appropriate section in the statement of cash flows for reporting the purchase of equipment for cash?
What is the appropriate section in the statement of cash flows for reporting the purchase of equipment for cash? a. operating activities b. financing activities c. investing activities d. schedule of non-cash investing or financing activities e. none of the above Answer: The correct answer is “high.” When inflation rates become high, the Fed controls…
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