In the statement of changes in financial position, sources of resources are defined as:

a. transaction debits.
b. fund increases.
c. transaction credits.
d. fund decreases.


ANSWER: C

Business

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Consten, a French company, had exclusive rights to import and distribute German Grundig's electronic products into France

One of the competitors started bringing "parallel imports" into France illegally, importing Grundig product bought from a foreign supplier. Which of the following does not represent an action taken by different legal bodies? A) Consten's complaint was upheld by two French courts. B) The Paris Court of Appeals suspended the judgment of the French courts. C) The Paris Court of Appeal's judgment was based on pending a ruling by the European Commission. D) The European Commission ruled against Consten on the grounds that territorial protection proved to be damaging to the Common Market. E) The European Commission ruled that German Grundig was in violation of the laws of the Common Market.

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In recent years the United States Supreme Court has expanded the amounts and circumstances under which punitive damages can be awarded.

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

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Which of the following is an advantage of franchising compared to company-owned service distribution?

A) reduced financial risk B) increased control on customer experience C) increased brand value D) increased standardization of services

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The interviewer typically forms an impression of the job applicant

a. in the first few seconds of the interview. b. after several questions have been answered in the interview. c. at the close of the interview. d. while reflecting on the candidate following the interview.

Business