Which of the following is another term for the invoice approval form?

a. a receiving report
b. an invoice
c. a voucher
d. a remittance advice


c

Business

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Under strict scrutiny analysis, to demonstrate that a government action is constitutional, the government must demonstrate that:

A. there is no restriction on commercial speech. B. it is pursuing a governmental end in the most intrusive manner. C. its action bears a rational relationship to its desired end. D. it is pursuing a compelling government interest.

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Mikhail, a Korean, wishes to be a stockholder in an airline company in the United States. However, he is told that he cannot buy shares of the company as he is neither a U.S. citizen nor a permanent resident of the country. Besides this, he can become a stockholder only if any of the current stockholders decide to sell their shares as the company already has 100 stockholders. Given this information, it can be assumed that Mikhail wants to be a stockholder of a(n) _____.

A. S corporation B. C corporation C. not-for-profit corporation D. statutory close corporation

Business

Gaming is an activity that has been legalized and therefore allows participants to make a profit without being subject to criminal penalties

Indicate whether the statement is true or false

Business

Your firm is considering an investment that will cost $750,000 today. The investment will produce

cash flows of $250,000 in year 1, $300,000 in years 2 through 4, and $100,000 in year 5. What is the investment's discounted payback period if the required rate of return is 10%? A) 3.33 years B) 3.16 years C) 2.33 years D) 2.67 years

Business