A manager who first offers an opportunity to disinterested directors or shareholders who turn it down has the right to take advantage of the opportunity herself

Indicate whether the statement is true or false


True

Business

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The type of maintenance that is conducted to improve the performance of an application is referred to as:

a. preventive b. perfective c. adaptive d. corrective

Business

Which of the following is the most suitable rapport topic for ongoing meetings with prospects?

A. Ask about work history B. Ask for perceptions about a business topic or trend C. Ask about their interests (hobbies, sports, activities, etc.) D. Ask about the activities over a period of time (vacation, previous weekend, etc.) E. Ask about the progress on a project that the buyer previously shared with you.

Business

When taxable income exceeds certain levels, exemption and deduction allowances

A) increase in proportion to increases in taxable income. B) are limited but may be carried over to future years. C) are eliminated. D) reach a maximum allowable amount.

Business

Regarding Capital Projects Funds, which of the following is incorrect?

A. Taxes or other revenues raised specifically for a capital project are recorded as transfers in in the capital projects fund. B. Grants, entitlements, or shared revenues received by a capital projects fund from another governmental unit are considered revenues of the capital projects fund, as is interest earned on temporary investments of the capital projects fund. C. Capital outlay expenditures result in additions to the governmental fixed assets reported in the government-wide Statement of Net Position. D. Expenditures of capital projects funds are reported in the capital outlay character classification in the Governmental Funds Statement of Revenues, Expenditures, and Changes in Fund Balances.

Business