Jeremy is considering forms of business organization, including the limited liability company (LLC), for his concessions business-Kettle Popt-Korn. Most states require that an LLC have
A) an alter ego, but no minimum number of participants
B) at least one member.
C) at least two members
D) at least one non-member manager.
B
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Which of the following is an advantage to using structured slides?
A) Structured slides are quick and easy to prepare. B) Structured slides limit the amount of complex data that can be conveyed on one slide. C) Structured slides can be supported by detailed handouts. D) Structured slides have a uniform appearance from slide to slide. E) Structured slides can hold a lot of text in each slide.
Which of the following would not be debited to the Machinery account?
a. Installation costs b. Electricity used by the machine c. Freight charges d. Cost of trial runs
Which of the following is a disadvantage of the brand management system?
A) a tendency to avoid price differentiation B) too much focus on the supplementary and complementary roles of all product lines C) a tendency to overemphasize short-term gains in sales D) an interdependent structure that can undermine personal responsibility E) too much focus on establishing brand equity
The Institute of Management Accountants (IMA) Statement of Ethical Professional Practice requires that management accountants be competent and act with integrity.
Answer the following statement true (T) or false (F)