Alice and Brad enter into a partnership, which becomes insolvent, as does Brad. Alice is fully liable for the debts of the partnership
a. True
b. False
Indicate whether the statement is true or false
True
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Assuming a 360-day year, proceeds of $48,750 were received from discounting a $50,000, 90-day note at abank. The discount rate used by the bank in computing the proceeds was
a. 6.25% b. 10.00% c. 10.26% d. 9.75%
Which of the following is NOT an example of a fraud-fighting career?
a. Working for the criminal investigation division of the IRS. b. Serving as an expert witness. c. Maintaining the security of public records. d. Defending an organization being sued in a civil case.
A stock split normally increases total stockholders' equity
Indicate whether the statement is true or false
What distinguishes an inclusive workplace from an organization that merely implements diversity initiatives?
A. a comprehensive approach to diversity that is part of an overall organizational strategy b. the composition of its workforce c. the number of managers that represent diverse populations d. regular training for managers on diversity management