A living trust cannot be irrevocable.

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


False

Business

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Only normal costing may be used in conjunction with a process-costing system.

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

Business

Situational ethics judges a person's ethics, and it does so from the perspective of the actor

Indicate whether the statement is true or false

Business

Recent studies suggest that, on average, investments clubs

A) outperform broad market indexes by several percentage points. B) underperform broad market indexes by a several percentage points. C) earn average rates of return. D) no data is available on investment club performance.

Business

Which one of the following statements about codes of conduct (ethics) is false?

A. They are formalized rules and standards that describe what a company expects of its employees. B. They must be detailed enough to take into account many possible situations. C. They encourage ethical behavior by eliminating opportunities for unethical behavior because employees know what is expected of them. D. They help marketers deal with marketing issues by prescribing and limiting certain activities. E. Top management must provide leadership in implementing codes of ethics.

Business