John Wells, an African-American small business owner, might be eligible for a grant from the Minority Business Development Agency.
Answer the following statement true (T) or false (F)
True
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An advantage of the corporate form is the ability of the board to hire professional managers to attend to the corporation's affairs
Indicate whether the statement is true or false
While preparing a bank reconciliation, which of the following items would be added to the bank statement balance?
A) Outstanding checks B) Deposits in transit C) Bank service charges D) Interest earned on the bank account
Using accounts receivables as collateral for a loan is:
a. never done b. called pawning c. factoring d. pledging e. offering
In larger firms, COBRA requires that employers must offer terminating employees who cannot obtain alternative group insurance coverage
A) continued group insurance coverage that is convertible to individual coverage. B) government sponsored health insurance. C) an individual policy at termination. D) counseling on how alternative coverage might be obtained individually.