1. fiscal policy refers to a. the behavior of the nation's central bank, the federal reserve, regarding the nation's money supply. b. the techniques used by a business firm to reduce its tax liability. c. the government's ability to regulate a firm's behavior in the financial markets. d. the spending and taxing policies used by the government to influence the economy.

Maria am corporation uses the weighted-average method in its process costing system. the baking department is one of the processing departments in its strudel manufacturing facility. in june in the baking department, the cost of beginning work in process inventory was $4,880, the cost of ending work in process inventory was $1,150, and the cost added to production was $25,200. required: prepare a cost reconciliation report for the baking department for june.

Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period

Which of the following is not an example of one of the four mail advantages of prices on a free market economy