Question 5

The term liquidation value means

	A.	The price at which an asset can be sold in orderly markets
	B.	The amount the company would receive by selling the asset in orderly markets, less transaction costs
	C.	The sales value assuming the company must sell immediately
	D.	The price at which someone can buy the asset now.

Question 6

A manager is trying to model the costs of producing shirts. The company has two different models of machines that are used for sewing the shirts together. The manager needs to know if these two types of machines should be considered the same, or different, when computing the amount of labor needed to make the shirts. The concept involved here is best described as:

A.Variability

B.Capacity

C.Interchangeability

D.Interdependence.