The majority of states have adopted the 2001 revision of the Revised Uniform Limited Partnership Act (ReRULPA), which reflects that LLPs and LLCs can meet many of the needs formerly met by limited partnerships

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


False

Business

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The chief executives of Swiss Swatch Group and Japanese Canon would like to:

A) outsource all of the manufacturing units overseas in order to save money. B) outsource a majority of the manufacturing functions overseas. C) retain a majority, if not all, of the manufacturing in their home country. D) establish "call centers" in developing countries in order to save labor costs. E) outsource a full line of new products only.

Business

Which of the following statements is true regarding GAAP and reporting operating activities on the statement of cash flows?

A) The direct method is required of large companies. B) GAAP expresses a preference for the indirect method. C) GAAP expresses a preference for the direct method. D) GAAP did not express a preference for either the direct or indirect method.

Business

Organizational climate is:

a. another term for culture. b. the environment in which the business competes. c. the observable manifestation of culture. d. most valuable when it is outward looking. e. the foundation for innovation.

Business

A bottom-up space management approach is based upon participative management

Indicate whether the statement is true or false

Business