Which of the following is an advantage of selling through an intermediary or partner?
A. The partner gets the upside potential.
B. Cash flow is more predictable if the entrepreneur has a licensing agreement.
C. The entrepreneur is able to manage user data and experience.
D. The entrepreneur has control over branding, pricing, and relationship with customers.
E. All of these are correct.
Answer: B
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A bank reconciliation is an example of which type of control?
a. An input control. b. An output control. c. A preventive control. d. A detective control.
There are two categories of variable costs: ________.
A. net variable costs and cost of goods sold B. gross costs and net variable costs C. cost of goods sold and other variable costs D. interest and taxes paid
Interest rates on banker's acceptances are low because the risk of default is very low
Indicate whether the statement is true or false
Which of the following Acts gives employees the legal right to examine personnel files and letters of reference?
A. Civil Rights Act, Title VII B. Worker Adjustment and Retraining Notification Act C. Privacy Act D. Equal Pay Act