A good way to show complex logic, such as how to comply with a federal tax law, is with a flow chart
a. true
b. false
b
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Which of the following does not have to be shown for copyright protection to be granted?
A. The work is fixed in a durable medium. B. The work exhibits some degree of creativity. C. The work is original. D. The work has a present or potential value.
Which of the following is a true statement about the terms used on the balance sheet?
a. U.S. GAAP requires a standard set of terms on the balance sheet. b. IFRS requires a standard set of terms on the balance sheet. c. Terminology is consistent across all countries. d. Neither IFRS nor U.S. GAAP requires a standard set of terms on the balance sheet.
Under the allowance method of accounting for bad debts, the company estimates the amount of bad debts before those debts actually occur
a. True b. False Indicate whether the statement is true or false
Which of the following is true about defensive portfolio strategies?
A) They are more growth oriented than offensive portfolio strategies. B) They aim to protect important strategic market positions. C) They are most commonly implemented in attractive markets by businesses with a weak competitive position. D) They are most commonly implemented in unattractive markets by businesses with a high competitive position index. E) They aim to reduce short-run cash flow and profit performance, to promote growth in the long-run.