In general, it is prudent to purchase a no-load fund instead of a load fund

Indicate whether the statement is true or false.


Answer: TRUE

Business

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Global Wood Ventures Inc is an American firm that manufactures, distributes, and exports structural plywood. The firm finds that multiple inventory management errors were causing customer dissatisfaction and reducing the firm's profits

It identified several companies, in completely different industries, that were considered to be the best in inventory management. After obtaining permission, professionals from Global Wood Ventures Inc studied the inventory management system of One Stop Mart, a firm well known for its inventory management techniques. This knowledge helped Global Wood Ventures Inc to develop a more error-free inventory management system. In this example, Global Wood Ventures Inc uses which of the following strategies? A) competitive benchmarking B) perceptual mapping C) disintermediation D) competitor analysis E) vertical integration

Business

The mandatory adoption of a new accounting principle as a result of a new FASB statement requires

A) footnote disclosure only. B) a cumulative effect adjustment. C) retrospective adjustment. D) prospective restatement.

Business

Closing entries deal primarily with the balances of real accounts

Indicate whether the statement is true or false

Business

Randy keeps getting unwanted and annoying e-mails from several marketing firms unknown to him. The number of these e-mails is alarmingly high in his inbox. Which of the following best describes these e-mails?

A) malware B) adware C) Trojan D) firewall E) spam

Business