Much consumer-oriented legislation has grown out of the statement of six rights, which became known as the Consumer Bill of Rights.

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


True

Business

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Welch Inc. has used a fiscal ending September 30 as its taxable year since its incorporation in 1988. The shareholders have decided to shut down Welch's business and dissolve the corporation on March 31. Which of the following statements isĀ false?

A. Welch's final tax return will include its income from January 1 to March 31. B. Welch's final tax return will be a short-period return. C. Welch's final tax return will include its income from October 1 to March 31. D. None of the above is false.

Business

For a typical firm expecting higher sales, external financing needed will be greater than

discretionary financing needed. Indicate whether the statement is true or false

Business

Which of the following statements is true of primary data?

A. It is customized to meet a marketer's needs. B. It is available to all the competitors of a marketer. C. It tends to be lower in cost than secondary data. D. It is frequently outdated.

Business

Purchasing is becoming more of a tactical function and less of a strategic function

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

Business