Securities sold under Regulation A must be registered if they are resold

a. True
b. False
Indicate whether the statement is true or false


False

Business

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When constructing assets, capitalized interest is based on

a. the amount allowed by the company's auditors. b. the expenditures at the end of the of the period. c. the expenditures at the beginning of the period. d. the average accumulated expenditures.

Business

A project process is an example of which type of process?

a. Batch b. Job Shop c. Assembly Line d. Continuous

Business

Fortune Company had beginning raw materials inventory of $16,000. During the period, the company purchased $92,000 of raw materials on account. If the ending balance in raw materials was $10,000, the amount of raw materials transferred to work in process is:

A. $102,000. B. $98,000. C. $92,000. D. $86,000.

Business

Marcus files a suit against Naomi in an Ohio state court. Naomi's only connec-tion to Ohio is an ad on the Web originating in Pennsylvania. For Ohio to exercise jurisdiction, the issue is whether Naomi, through her ad, has

a. a commercial cyber presence in Ohio. b. conducted substantial business with Ohio residents. c. claimed to be a resident ofOhio. d. solicited virtual business in Ohio.

Business