What is the difference between a joint venture and a syndicate?
What will be an ideal response?
A joint venture is an agreement between two or more groups to form a business entity in order to achieve a specific goal or to operate for a specific period of time. A syndicate is a temporary association of individuals or firms organized to perform a specific task that requires a large amount of capital. Corporations and individuals may enter into a joint venture. Syndicates are primarily made up of corporations, none of which are willing to put up an entire amount required for an undertaking nor that are willing to share the risk of a venture individually.
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M2 consists of
A. amounts in savings accounts, money-market mutual funds (held by individuals), and small time deposits (under $100,000). B. amounts in savings accounts, and money-market mutual funds (held by individuals). C. M1 plus amounts in savings accounts, money-market mutual funds (held by individuals), small time deposits (under $100,000), and repurchase agreements issued by banks. D. M1 plus amounts in savings accounts, money-market mutual funds (held by individuals), and small time deposits (under $100,000).
What type of Internet connection uses an ordinary telephone line and a modem?
A. DSL B. Cable modem C. Dedicated high-speed line D. Dial-up circuit
Which of the following is an attribute of the internal control procedure—competent, reliable, and ethical personnel?
A) providing cross training to allow sales personnel to record revenue transactions B) the need to train and supervise employees C) monitoring of internal controls by external auditors D) purchase of burglar alarms
Lori Watts favors the traditional IRA over the Roth IRA. What advantage does the traditional IRA have over the Roth?
A) The earnings are tax-exempt, unlike a Roth IRA. B) Contributions are likely to be fully or partially tax deductible. C) It saves tax money for education. D) There are no penalties for early withdrawals.