In the antitrust area, the U.S. is concerned with the impact of the business deal on the consumer, whereas the EU is focused on the competitive structure of the marketplace, and so pays attention to its rivals.

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


True

This different focus is the case.

Business

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The cash basis of accounting is a system in which revenues are recorded when earned and expenses are recorded when incurred.

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

Business

Generally it is illegal as an explicit selection philosophy in the United States.

What will be an ideal response?

Business

The Chairman of a College of Business with five departments wants to estimate the average number of student-hours lost per month due to illness of their professors. Describe a sampling plan that will help the Dean compare the average student-loss hours for the five departments

Business

All of the following are benefits of a Subchapter C Corporation EXCEPT

A. no limit to the number of shareholders. B. owners being treated as employees of the company. C. fringe benefits being treated as income. D. health benefits paid by the corporation.

Business