In determining whether a partnership exists, which of the following factors is not evidence of a partnership?

a. Equal control of the business

b. Co-ownership of property

c. Shared losses

d. Shared profits


b

Business

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A formalized set of procedures for generating, analyzing, storing, and distributing pertinent information to marketing decision makers on an ongoing basis is called a(n) ________

A) transactions processing system B) formal system C) marketing information system D) expert system E) research directorate

Business

Paige’s organization provides group health insurance. The plan covers “major medical” costs for each employee in any given year that total more than $10,000. Her group health insurance is a ________.

A. fee-for-service plan B. health maintenance organization C. high-deductible health plan D. health savings account service E. low-deductible health plan

Business

The payment of salaries is classified in the statement of cash flows as a(n):

A. Operating activity. B. Noncash activity. C. Financing activity. D. Investing activity.

Business

A corporation must notify the shareholders of the existence of dissenters' rights before taking the vote on the corporate action

Indicate whether the statement is true or false

Business