ISO-IEC-27001-Lead-Auditor Practice Questions

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NEW QUESTION: 1
The minimum price that producers must receive to induce them to produce another unit of a good or service is equal to the good's
A. marginal cost.
B. marginal benefit.
C. producer surplus.
Answer: A
Explanation:
It is the cost of producing one more unit of a good or service.

NEW QUESTION: 2



A. Yes
B. No
Answer: A

NEW QUESTION: 3
A company sells products. Sometimes, when dealing with complaints, they need to issue a credit memo.
Which accounts will be used to issue credit memos?
A. Payables and revenue account
B. Payables and expense account
C. Receivables and expense account
D. Receivables and revenue account
Answer: D