Improvisation is defined as ______.

a. the art of spontaneously creating without preparation
b. the art of stand-up comedy
c. the art of creating with deliberate preparation
d. the art of thinking deeply about complex problems


a. the art of spontaneously creating without preparation

Business

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In the context of SWOT analysis, strength refers to the ________

A) unique sources of advantage that the marketing plan should leverage B) circumstances that limit the company's performance and should be addressed C) potentialities that would improve profitability and should be addressed D) current and possible factors that could impede performance E) aspects of the geo-political environment that strengthen the stand of the business at present

Business

Closing revenue and expense accounts at the end of the accounting period serves to make the revenue and expense accounts ready for use in the next period.

Answer the following statement true (T) or false (F)

Business

The ____________________ imposes liability on bars or taverns selling alcoholic beverages to an intoxicated person or to any person under the influence of an alcoholic beverage

Fill in the blank(s) with correct word

Business

Identify which of the following statements is true.

A) A trust can own S corporation stock and have a C corporation as a beneficiary as long as the corporation is the sole beneficiary. B) A QSST is an arrangement whereby the stock owned by a number of shareholders is placed under trust control for purposes of exercising the stock voting rights. C) A testamentary trust can be converted into a QSST trust. D) All of the above are false.

Business