Under the UPA, in what circumstances do the remaining partners after dissolution have the right to continue the partnership?
The remaining partners have the right to continue the partnership when (a) the partnership has been dissolved in contravention of the partnership agreement, (b) a partner has been expelled in accordance with the partnership agreement, or (c) all the partners agree to continue the business.
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Answer the following statements true (T) or false (F)
1. Tanesha works for a line of sporting goods stores. In her role, she makes strategic long-term decisions about her company's overall direction, and she creates the overall corporate goals, policies, and strategies. In light of these tasks, Tanesha must be a middle manager. 2. The vice president of human resources is a first-line manager. 3. Robert is a district manager who oversees several store managers in a national chain of restaurants. Robert reports directly to the vice president of stores and marketing, a member of top management. Robert is a middle manager. 4. Mintzberg concluded that managers play three broad types of roles: interpersonal, analytical, and critical. 5. Opportunity entrepreneurs are those who start their own business because they lost a job.
Which of the following is an example of enhancing the growth potential of each customer through cross-selling?
A) In addition to bicycles, 2Wheels stocks biking gear such as helmets, bottles, jackets and other accessories. B) 2Wheels has a club for its regular customers, organizing cycling events and parties for them. C) Though 2Wheels previously offered free delivery, it now charges for deliveries made outside the city. D) 2Wheels allows existing customers to upgrade to a newer model at less than the sticker price by trading in their older model. E) 2Wheels encourages customers to send in their suggestions for product improvement.
Of the following, which can be converted into cash within one year?
A. Substantial assets B. Accountable assets C. Current assets D. Fixed assets E. Accrued assets
Which of the following is/are correct?
a. Discontinued operations are shown as the last category after income from continuing operations. b. The discontinued operations section of the income statement consists only of the gain or loss on disposal of the discontinued component net of the tax effect. c. The discontinued operations section of the income statement consists only of the income or loss from operating the discontinued component net of the tax effect. d. The discontinued operations section of the income statement consists of the income or loss from operating the discontinued component net of the tax effect as well as the gain or loss on disposal of the discontinued component net of the tax effect. e. None of these answer choices is correct.