In the IETF, a proposed standard is called a Request for Comments

Indicate whether the statement is true or false.


Answer: TRUE

Business

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The household life cycle is changing due to changes in ________.

A. family structure B. cultural beliefs C. cultural values D. social class E. product lifecycle

Business

__________ refers to a clearly defined line of authority in the organization that includes all employees.

A. The scalar principle B. Unity of command C. Work specialization D. Division of labor E. Span of management

Business

Presented below are the financial balances for the Boxwood Company and the Tranz Company as of December 31, 2017, immediately before Boxwood acquired Tranz. Also included are the fair values for Tranz Company's net assets at that date. Boxwood Tranz Co. Tranz Co.?(all amounts in thousands) Book value Book value Fair value 12/31/2017 12/31/2017 12/31/2017Cash$870  $240  $240 Receivables 660   600   600 Inventory 1,230   420   580 Land 1,800   260   250 Buildings (net) 1,800   540   650 Equipment (net) 660   380   400 Accounts payable (570)  (240)  (240)Accrued expenses (270)  (60)  (60)Long-term liabilities (2,700)  (1,020)  (1,120)Common stock ($20 par) (1,980)        Common stock ($5

par)     (420)    Additional paid-in capital (210)  (180)    Retained earnings (1,170)  (480)    Revenues (2,880)  (660)    Expenses 2,760   620     ??Note: Parenthesis indicate a credit balance??Assume a business combination took place at December 31, 2017. Boxwood issued 50 shares of its common stock with a fair value of $35 per share for all of the outstanding common shares of Tranz. Stock issuance costs of $15 (in thousands) and direct costs of $10 (in thousands) were paid to effect this acquisition transaction. To settle a difference of opinion regarding Tranz's fair value, Boxwood promises to pay an additional $5.2 (in thousands) to the former owners if Tranz's earnings exceed a certain sum during the next year. Given the probability of the required contingency payment and utilizing a 4% discount rate, the expected present value of the contingency is $5 (in thousands).?Compute consolidated retained earnings as a result of this acquisition. A. $1,170. B. $1,280. C. $1,160. D. $1,265. E. $1,650.

Business

________ means moving into totally different lines of business, perhaps entirely unfamiliar products, markets, or even levels in the production-marketing system.

A. Market development B. Market penetration C. Product development D. Differentiation E. Diversification

Business