Managers of small firms must be specialists rather than generalists.
Answer the following statement true (T) or false (F)
False
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The built-in, fold-down child seats, designed to replace traditional car seat and booster seats, such as those found in Chrysler minivans are an example of a ________
A) dynamically continuous innovation B) nonradical innovation C) competitive innovation D) continuous innovation E) discontinuous innovation
Which of the following activities would be recorded by a trust fund?
A. Assets passed-through the state government to the local government. B. Assets held for special assessment bondholders for which the city has no liability. C. Deposits held for customers of a city-owned electric utility. D. Assets that are used to assist in the preservation of a private residence.
Which of the following best describes the term capital rationing?
A) a method of determining the period within which the cash invested is recouped B) a process of ranking and choosing among alternative capital investments based on the availability of funds C) a method which shows the effect of an investment on a company's accrual-based income D) a process of controlling operating costs when adequate funds are not available
On a bank reconciliation, the amount of an unrecorded bank service charge should be:
A. Noted in memorandum form only. B. Added to the bank balance of cash. C. Added to the book balance of cash. D. Deducted from the bank balance of cash. E. Deducted from the book balance of cash.