The number of days' sales in inventory is the same as a company's accounting cycle
a. True
b. False
Indicate whether the statement is true or false
False
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Both extroverts and ______ tend to seek leadership roles.
a. narcissists b. pessimists c. idealists d. realists
Which of the following is true of profits and losses of an LLC (limited liability company) whose operating agreement does not contain profit or loss sharing clauses?
A) A member who invests 10 percent capital must bear 10 percent of the losses. B) A member who invests 30 percent of the capital receives 30 percent of the profit. C) A member who invests 40 percent of the capital receives 20 percent of the profit. D) All members receive equal shares in profits regardless of the capital contributed.
The secretive and wrongful taking and carrying away of the personal property of another with the intent to permanently deprive the rightful owner of its use or possession is known as ________
A) larceny B) embezzlement C) defalcation D) bribery
The major cost component for communications is the resource
needed to transmit data across distance. Indicate whether the statement is true or false