Entrepreneurs who accept stock in payment for the sale of their businesses are usually pleased with the results because they escape a significant tax burden.

Answer the following statement true (T) or false (F)


False

Rationale: Entrepreneurs who accept stock in payment for the sale of their businesses do avoid some unfavorable tax consequences, but overall they are frequently disappointed with the outcome.

Business

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Preferred stockholders ________.

A) are guaranteed that they will not have a loss on their investment B) are guaranteed to receive an annual dividend payment C) receive a set percentage of corporation net income D) receive a dividend preference over common stockholders

Business

______ is one of the simplest tools used to compare and select processes.

A. Cost-volume analysis B. Value stream mapping C. Assembly charts D. Process simulation

Business

Salaries and wages are interchangeable terms and are exactly the same thing

Indicate whether the statement is true or false

Business

Inefficient usage of labor implies a(n)

A) unfavorable variable overhead efficiency variance B) favorable variable overhead efficiency variance C) unfavorable variable overhead spending variance D) favorable variable overhead spending variance E) both unfavorable variable overhead efficiency variance and unfavorable variable overhead spending variance

Business