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finance Timberlake Company owns equipment with a cost of $165,000 and an accumulated depreciation of$60,000 that can be sold for $82,000, less a 6% sales commission. Alternatively, the equipment can be leased by Timberlake Company for five years for a total of$84,600, at the end of which there is no residual value. In addition, the repair, insurance, and property tax expense that would be incurred by Timberlake Company on the equipment would total $7,950 over the five years. Prepare a differential analysis on March 23, 2014, as to whether Timberlake Company should lease (Alternative 1) or sell (Alternative 2) the equipment. Verified answer Recommended textbook solutions Other Quizlet sets
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Terms in this set (25)Organizations of individuals and groups seeking to make policy-related appeals are political parties. litigants. interest groups. legislatures. interest groups Which is NOT an example of a public interest group? Natural Resources Defense Council American Federation of State, County, and Municipal Employees Union of Concerned Scientists Common Cause American Federation of State, County, and Municipal Employees Which of the following is NOT a type of selective benefit that entices people to join groups? material benefits solidary benefits fringe benefits purposive benefits fringe benefits Which interest group famously used the courts to achieve its policy aims in the Brown v. Board of Education case? NAACP SNCC Sierra Club SCLC NAACP Interest group access to the executive branch was promoted by which federal law? Legislative Reorganization Act Federal Election Campaign Act Administrative Procedures Act Bipartisan Campaign Reform Act Administrative Procedures Act Any paid person who attempts to influence the passage or defeat of legislation is a lobbyist. political entrepreneur. free rider. constituent. lobbyist Which benefits are selective benefits given to members that emphasize friendship, networking, and consciousness raising? informational benefits material benefits solidary benefits purposive benefits solidary benefits The American Bar Association and the American Medical Association are examples of labor organizations. public interest groups. free riders. professional lobbies. professional lobbies Which benefits are tangible special goods, services, or even money provided to interest group members? informational benefits material benefits solidary benefits purposive benefits material benefits According to James Madison in Federalist 10, what is the best way to curb the dangers of interest groups? restrict liberty join political parties instead allow them to exist and compete have the government monitor and regulate the groups very closely allow them to exist and compete When political elites seek to mobilize and manipulate grassroots support on an issue, it is known as netroots. free riding. astroturf lobbying. people's PACs. astroturf lobbying. Mancur Olson argued that to overcome the collective-action problem, interest groups need a critical mass of free riders. provide selective benefits. snitch on one another. clean up their internal operations (known as "swamp clearing"). provide selective benefits. Groups that spend money on lobbying often intend to secure "earmarked" spending for their cause. want to get out from under government's burdensome "earmarks." are probably wasting their resources. almost always see a direct result in legislative decision making. often intend to secure "earmarked" spending for their cause. Federal regulations involving the electoral activities of interest groups apply only to monetary contributions to candidates. place no limit on independent (or uncoordinated) expenditures. led to an increase in "soft money" donations from 2000 to 2008. have never been challenged in federal courts. place no limit on independent (or uncoordinated) expenditures. Which of the following is closest to the total cost of lobbying activities by the pharmaceuticals and health products industry over the past 10 years? about $5 million about $50 million about $500 million about $5 billion about $5 billion According to Olson, the collective-action problem is most severe in large groups for all of the following reasons, EXCEPT that in large groups it is more difficult to forge a group identity. the costs of action are higher. individuals are more likely to believe that their contributions will not make a difference. it is harder to identify and punish free riders. the costs of action are higher. Which of the following is NOT a strategy used by groups to influence outcomes? apportionment litigation lobbying campaign activism apportionment
Which is NOT a primary way in which groups can use the courts to affect public policy? bringing suit directly on behalf of the group financing suits by other individuals granting a writ of certiorari filing an amicus curiae brief granting a writ of certiorari The Prisoner's Dilemma provides the important insight that individually rational behavior does not always lead
to snitching. the best collective results. free riding. the best collective results. One answer to Olson's collective-action problem is that some individuals bear extraordinary costs to organize a group, often in exchange for certain selective benefits. These individuals are known as free riders. political entrepreneurs. latent groups. politicians. political entrepreneurs. This theory states that all interests should be free to compete for influence in the government, yielding compromise and moderation. pluralism socialism elitism capitalism pluralism The campaign finance arm of an interest group is usually known as its FEC. PAC. PORK. ACE. PAC Which of the following is NOT a required component of most interest groups? financial structure membership leadership party affiliation party affiliation What allows proposed laws to be placed on the ballot for voters to decide directly? populism recall election initiative factions initiative Which statement is incorrect? There are many thousands of interest groups. Groups primarily organize around economic interests. Group membership usually has an upper-class bias. People with low incomes often benefit the most from such groups. People with low incomes often benefit the most from such groups. Students also viewedPractice quiz for chapter 13 Interest groups25 terms Danibri99 Chapter 13 Quiz24 terms nolanjackt PLS 201 Chapter 13 Quiz20 terms crzifoxII ch 14 - media25 terms ariellemarmito Sets found in the same folder
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finance a. Which accounts remain on the ledger after all noncash assets have been sold and the partnership liabilities have been paid? b. When liquidating a partnership, what is the final transaction? Verified answer
finance Why must a company estimate the amount of factory overhead assigned to individual jobs or job lots? Verified answer
question A new warehouse is being designed and a decision concerning the number of loading docks is required. There are two models based on truckarrival assumptions for the use of this warehouse, given that loading a truck requires 1 hour. Using the first model, we assume that the warehouse could be serviced by one of the many thousands of independent truckers who arrive randomly to obtain a load for delivery. It is known that, on average, 1 of these trucks would arrive each hour. For the second model, assume that the company hires a fleet of 10 trucks that are assigned full time to shipments from this warehouse. Under that assumption the trucks would arrive randomly, but the probability of any truck arriving during a given hour is 0.1. Obtain the appropriate probability distribution for each of these assumptions and compare the results. Verified answer
management How many work cycles should be timed to estimate the average cycle time to within 2 percent of the sample mean with a confidence of 99 percent if a pilot study yielded these times (minutes): 5.2, 5.5, 5.8, 5.3, 5.5, and 5.1? The standard deviation is .253 minutes per cycle. Verified answer Recommended textbook solutionsAmerican Government1st EditionGlen Krutz 412 solutions Politics in States and Communities15th EditionSusan A. MacManus, Thomas R. Dye 177 solutions
Government in America: Elections and Updates Edition16th EditionGeorge C. Edwards III, Martin P. Wattenberg, Robert L. Lineberry 269 solutions
Politics in States and Communities15th EditionSusan A. MacManus, Thomas R. Dye 177 solutions Other Quizlet setsInterest groups20 terms laura_liang Chapter 11 AP Government44 terms SamMW411 Gov game25 terms annuuuuhh POLS120 Chapter 1324 terms megan_peine What are examples of public interest groups?ABA Commission on Homelessness and Poverty.. AIDS Policy Center for Children, Youth, and Families.. Affordable Housing Industry Information.. American Association of People with Disabilities.. American Association of Retired Persons.. American Consulting Engineers Council.. American Enterprise Institute for Public Policy Research.. What is a public interest group government quizlet?public-interest group. an organization that works for the best interests of the overall community rather than the narrower interests of one segment. lobbying. the process by which organized interests attempt to affect the decisions and actions of public officials.
Which of the following best describes an interest group quizlet?An interest group is best defined as an organization that: tries to influence public policy for a group of people with common interests.
Which of the following is the best description of an interest group?As defined above, an interest group is usually a formally organized association that seeks to influence public policy.
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Which of the following is the best example of a public interest group quizlet?
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