Within business, the ending of a partnership is termed:

Dissolution

Divorce

Separation

Agreement

Which type of activity will affect suppliers, employees, and customers?

Governmental activities

Financing activities

Operating activities

Investing activities

Which part of the annual report attests to the fairness of the presentation of the financial statements?

Report of independent registered public accounting firm

Notes to financial statements

Managements discussion and analysis

Internal auditors report

Which section of the annual report is written by the company to help investors understand the results of operations and the financial condition of the company?

Managements discussion and analysis

Internal auditors report

Notes to financial statement

History of current management

When the total variable costs are deducted from total mixed costs, we obtain:

mixed cost per unit.

variable cost per unit.

total high-low costs.

total fixed costs.

Which of the following would most likely be evaluated using residual income?

		cost center
		profit center
		revenue center
		investment center