The FTC may not prosecute companies that sell investment scams; that responsibility falls with the Securities and Exchange Commission
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
In the merchandise purchases budget, the required purchases (in units) for a period can be determined by subtracting the beginning merchandise inventory (in units) from the budgeted sales (in units) and desired ending merchandise inventory (in units).
Answer the following statement true (T) or false (F)
Discuss the different channels of communication. What influences channel choice?
The contribution margin ratio:
A. Is the percent of each sales dollar that remains after deducting the total unit fixed cost. B. Cannot be used in conjunction with other analytical tools. C. Is the percent of each sales dollar that remains to cover the variable and fixed costs. D. Is the same as the unit contribution margin. E. Is the percent of each sales dollar that remains after deducting the total unit variable cost.
Which of the following with respect to partnership is TRUE?
A) Partnership is a separate legal entity. B) General partners have limited liability C) General partners have unlimited liability D) Partners are not agents for each other. E) Partners must make an equal financial contribution to the partnership.