Accounting profits are used to make capital budgeting decisions because generally accepted
accounting principles ensure that profits are the best measure of a company's economic activity.
Indicate whether the statement is true or false
FALSE
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Traditionally, Marshall's Candles have used direct sellers to distribute its products. However, it recently made the decision to allow customers to purchase candles directly from its website as well. This decision is likely to create ____________ with its independent distributors.
A. channel relationships B. channel leadership C. channel disintegration D. channel conflict E. channel cooperation
Under certain conditions, the wrongful acts of one person can be attributed to another person. This practice is called
A) imputed negligence. B) mediation. C) comparative negligence. D) strict liability.
Securitization is the process of transforming illiquid financial assets such as residential mortgages into marketable securities
Indicate whether the statement is true or false
A sole proprietorship comes into existence when:
a. a person in business hires at least one employee b. two or more persons join together to work at a business c. a charter is received from the secretary of state d. when a federal tax identification number is issued for the business e. none of the other choices