Which of the following statements regarding Benefit Corporations is true?

a. Benefit corporations are required to identify one or more specific benefit purposes.
b. Directors of benefit corporations are protected from all lawsuits from both shareholders and beneficiaries of the corporation's public benefit purpose.
c. Benefit corporations are incorporated under state law with the intent to be profitable.
d. All of these statements regarding benefit corporations are true.


C

Business

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Cost of goods sold is equal to

a. the cost of merchandise purchased plus transportation-in costs plus beginning inventory minus purchase returns and allowances and purchase discounts minus ending inventory. b. the total amount of merchandise purchased during the year. c. the cost of merchandise purchased plus transportation-in costs less ending inventory. d. the cost of merchandise purchased plus transportation-in costs plus beginning inventory minus purchase returns and allowances and purchase discounts.

Business

A subsidiary inventory ledger can be an aid in maintaining inventory levels at their proper levels

Indicate whether the statement is true or false

Business

One advantage of outsourcing is that it:

A) gives the company a high degree of control over its operations. B) increases the company's access to state-of-the-art products and processes. C) protects the company's proprietary designs and processes. D) discourages the development of the company's core competencies.

Business

Which of the following is the portion of SQL used to select and edit data?

A) Data Manipulation Language B) Data Definition Language C) Declaritive language D) Procedural Language

Business