Federal common law is limited to disputes involving obligations of the United States, interstate and international disputes, and admiralty cases

Indicate whether the statement is true or false


T

Business

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When a firm supports a specific event, such as the Special Olympics, it is:

A) sponsorship marketing B) event marketing C) cause-related marketing D) tie-in marketing

Business

Which of the following is a measure of operating efficiency?

A) ?Debt to assets ratio B) ?Asset turnover ratio C) ?Return on assets D) ?Return on equity

Business

U.S. GAAP and IFRS require firms to treat some or all expenditures made to internally develop brand names, customer lists, new technologies, and other intangibles

a. at fair value. b. as expenses in the period of the expenditure. c. as capitalized assets without amortization because of infinite lives. d. as capitalized assets with amortization over the finite lives. e. as capitalized assets tested annually for impairment.

Business

The invention of the automobile is one factor that has led to the growth in the

number of federal administrative agencies. a. True b. False

Business