Answer the following statement(s) true (T) or false (F)
One way that social entrepreneurship seeks to enhance social wealth is by creating new ventures.
ANSWER: True
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Which of the following statements about e-mail in the workplace is most accurate?
A) Most business messages today are being sent using social media platforms. B) Typical businesspeople spend at least two hours a day writing and replying to e-mail messages. C) E-mail will become obsolete in the next few years. D) E-mail has completely replaced paper memos and letters in the workplace.
Which of the following statements is FALSE? The federal government could make a new law that
A) sets age 17 as the age you can first get a driver's license in Canada B) puts an extra 5% tax on people who earn more than $300,000 per year C) increases the maximum penalty for terrorism to life in prison with no parole for 30 years D) taxes the import of certain chemicals entering Canada from foreign countries E) requires immigrants to pass a language test before they can become citizens
The cash budget and the budgeted financial statements are collectively known as the ________
A) operating budget B) master budget C) financial budget D) production budget
Which of the following is NOT a disadvantage of a sole proprietorship as a form of business organization compared to the corporate form of business organization?
A) Access to the capital markets B) Unlimited liability of the owners C) Subject to the double taxation D) Limited liability of the shareholders