All of the Following,except One,are Included in the Profit Earned

question 33

Multiple Choice

All of the following,except one,are included in the profit earned by a firm's owners.Which is the exception?

• A)the reward for developing new products
• B)the reward for moving an established business into new geographic markets
• C)the reward for risk taking
• D)salaries that compensate for the owners' time
• E)dividend payments to the stockholders

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Definitions:

Statute

A written law passed by a legislative body at the federal or state level.

Administrative Head

The top official in charge of the administration of an organization, overseeing its operations and ensuring adherence to policies and goals.

Cabinet-level Departments

Departments within the executive branch of the U.S. government led by secretaries who are members of the President's Cabinet, managing vast sections of public policy.

Administrative Law Judge

A judge who presides over hearings and disputes involving government agencies and their regulations.