Whether short term or long term, a loan may be secured or unsecured

Indicate whether the statement is true or false.


Answer: TRUE
Explanation: Both short-term and long-term loans can be either secured or unsecured loans.

Business

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Systems integration deals with the analysis and development of a stand-alone information system.

Answer the following statement true (T) or false (F)

Business

Under the full-cost approach to oil and gas accounting:

a. costs related to successful efforts are expensed and others capitalized. b. cost related to successful efforts are capitalized and others expensed. c. all costs are expensed as incurred. d. all costs are capitalized as incurred. e. only the cost of buildings and equipment are capitalized.

Business

The three major taxes governments use to generate revenue are

A. income tax, property tax, and sales tax. B. VAT, income tax, and withholding tax. C. sales tax, VAT, and income tax. D. property tax, VAT, and sales tax.

Business

To which of the following situations does the principle of stare decisis apply?

A) Government-made law B) A ruling by a school discipline committee. C) Judge-made law. D) A) and B E) A), B), and C)

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