A+ Answers of the following Questions
1. According to J. Kenneth Smail, the optimum maximum sustainable human population is:
A. 1-3 billion.
B. 4-6 billion.
C. 7-10 billion.
D. 20 billion.
2. According to Khan in his article "Emerging Technologies," the biggest cause of unemployment today is:
A. productivity.
B. offshoring.
C. outsourcing.
D. a downturn in the economy.
3. Levy and Murname (2004) cited in the "Emerging Technologies" article by Ahmed Khan contend that the jobs that are growing in number share two skills that the computer cannot replicate, which are expert thinking and:
A. advanced scheduling.
B. complex communication.
C. educational training.
D. simulations.
1. The goals of the UN 2000 Millennium Project include all of the following EXCEPT:
A. eradicate extreme poverty and hunger.
B. achieve universal high school education.
C. promote gender equality.
D. reduce child mortality.
2. In which of the following world geographical areas is the number of maternal deaths per 100,000 live births the highest?
A. Northern Africa
B. Sub-Saharan Africa
C. South-central Asia
3. Kim, Inc. issued 5,000 shares of stock at a stated value of $10/share. The total issue of stock sold for $15/share. The journal entry to record this transaction would include a
4.What is the “just-wage” doctrine? Can you think of any present-day applications?
1. When a bond sells at a premium, the:
contract rate is above the market rate.
contract rate is equal to the market rate.
contract rate is below the market rate.
bond pays no interest.
2. The amount of federal income taxes withheld from an employee's paycheck is determined by:
the employee's annual earnings rate and number of withholding allowances.
the employer's merit rating.
the amount of social security taxes.
multiplying the gross pay by 6.2%.
3. Debt guarantees are:
never disclosed in the financial statements.
considered to be a contingent liability.
a bad business practice.
1. recorded as a liability even though it is highly unlikely that the original debtor will default.
The buyer who pays cash for an account receivable is called a:
payor.
pledgor.
payee.
factor.
2. The amount of federal income taxes withheld from an employee's paycheck is determined by:
the employee's annual earnings rate and number of withholding allowances.
the employer's merit rating.
the amount of social security taxes.
multiplying the gross pay by 6.2%.
3. When a bond sells at a premium, the:
contract rate is above the market rate.
contract rate is equal to the market rate.
contract rate is below the market rate.
bond pays no interest.
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