Which of the following statements about franchises is correct?
A) Franchises are privileges granted by a government to use public property in performing services.
B) The acquisition cost of a franchise is always amortized over its legal life.
C) Franchises are privileges granted by a business to sell goods or services under qualified conditions.
D) The acquisition cost of a franchise cannot be amortized because its useful life cannot be determined.
C
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A form of convenience sampling in which the population elements are selected based on the researcher's discretion is called ________
A) quota sampling B) snowball sampling C) judgmental sampling D) sampling E) simple random sampling
______ uses manager’s insights in an interactive computer-based process to assist in making non-routine decisions.
a. MIS b. TPS c. IPS d. DSS
In North Korea, a company wishing to buy goods abroad must first obtain a foreign currency exchange from the control agency.
Answer the following statement true (T) or false (F)
The balance sheet reflects the accounting equation: Assets = Liabilities + Owners' Equity
Indicate whether the statement is true or false