Answer the following statement(s) true (T) or false (F)
1. Many people should speak for the organization when a crisis strikes.
2. Crisis preparation leads to quicker recovery from a crisis.
3. Managing a crisis is the ultimate test of ethical leadership.
4. Theft would be an example of an economic crisis.
5. Collapse of financial systems is an example of an outside environment crisis.
1. FALSE
2. TRUE
3. TRUE
4. FALSE
5. TRUE
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Use the following information to answer the following questions. Izabelle and Marta are forming a partnership. Izabelle will invest a piece of equipment with a book value of $5,000 and a fair market value of $15,000. Marta will invest a building with a book value of $30,000 and a fair market value of $35,000. At what amount will the building be recorded?
A) $20,000 B) $25,000 C) $30,000 D) $35,000
The testator's signature must appear on the will
Indicate whether the statement is true or false
Wildwoods, Inc. earned $1.50 per share five years ago. Its earnings this year were $3.20. What was the growth rate in earnings per share (EPS) over the 5-year period?
A. 15.54% B. 16.36% C. 17.18% D. 18.04% E. 18.94%
A capital budget covers a month's time, and it can only be reflected six months into the future
Indicate whether the statement is true or false.