In a competitive situation involving the adoption of a common standard by all firms in the industry: a. each player should always adopt his own preferred standard to maximize profit.
b. the players will agree upon the standard that maximizes collective profits.
c. the use of dominant strategies will select the appropriate standard.
d. there will be multiple equilibria supporting different possible standards.
e. the players will agree on a compromise between their preferred standards.

If you offer up your car as a demonstration that you will pay off your loan to a bank or another financial lending institution, you are using your car as collateral. true false

Diversified semiconductors sells perishable electronic components. some must be shipped and stored in reusable protective containers. customers pay a deposit for each container received. the deposit is equal to the container’s cost. they receive a refund when the container is returned. during 2018, deposits collected on containers shipped were $856,000. deposits are forfeited if containers are not returned within 18 months. containers held by customers at january 1, 2018, represented deposits of $587,000. in 2018, $811,000 was refunded and deposits forfeited were $41,000. required: 1. prepare the appropriate journal entries for the deposits received and returned during 2018. 2. determine the liability for refundable deposits to be reported on the december 31, 2018, balance sheet.

Which are the best examples of costs that should be considered when creating a project budget?