A federal statute applies only to those states that agree to apply it within their borders.

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


False

Business

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Financing statements are effective for five years from the date of filing

Indicate whether the statement is true or false

Business

When a bond is issued at a premium, the interest expense calculation using the effective-interest amortization method uses the carrying amount of the bonds and the market rate of interest

Indicate whether the statement is true or false

Business

A data dictionary contains information about a data flow diagram, but not entities or use cases

Indicate whether the statement is true or false

Business

Which of the following is recognized as a disadvantage of partnerships?

a. ease of formation b. possible tax advantages c. direct rewards d. lack of continuity

Business