In most cases, you have unlimited access to a passbook savings account

Indicate whether the statement is true or false.


TRUE

Business

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Which of the following would not be a cash flow from investing activities?

a. Sale of a patent. b. Collection of interest revenue on a long-term note receivable. c. Collection of principal of a note receivable. d. Purchase of long-term investments.

Business

______ is the development of new or improved goods or services that are sold to meet customer needs.

A. Product innovation B. Exploratory innovation C. Exploitative innovation D. Process innovation

Business

Which type of trust is used if an employee focuses on a leader’s trustworthiness, ability, and integrity?

A. disposition-based B. perception-based C. cognition-based D. affect-based

Business

Common-size statements are useful in assessing the changes in the composition of statements over time

Indicate whether the statement is true or false

Business