The landmark Enron fraud in the early 2000's involved the movement of significant debt off the books to related, unconsolidated entities

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


True

Business

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What three phases were active under the Joint FASB and IASB convergence project but were put on hold to focus on other convergence topics?

A) Reporting entity, measurement, and presentation and disclosure B) Framework for a GAAP hierarchy, elements and recognition , and objective and qualitative characteristics C) Elements and recognition, measurement, presentation and disclosure D) Measurement, reporting entity, and elements and recognition

Business

What is rivalry among existing competitors?

A. The suppliers' ability to influence the prices they charge for supplies (including materials, labor, and services). B. High when it is easy for new competitors to enter a market and low when there are significant entry barriers to joining a market. C. High when competition is fierce in a market and low when competitors are more complacent. D. The ability of buyers to affect the price they must pay for an item.

Business

Niche segmentation of customers involves segmenting customers based on all of the following except?

a. Customers with similar social media presence b. Customers with similar needs c. Customers with similar buying attitudes d. Customers with similar buying habits

Business

Bricolage is entrepreneurs making do by applying combinations of the resources at hand to new problems and opportunities. 

Answer the following statement true (T) or false (F)

Business