A business firm is subject only to the laws of its home nation even when it maintains operations or otherwise does business in other nations.
Answer the following statement true (T) or false (F)
False
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For what reason might retailers like Target select an accounting period that ends on or near the end of January?
a. The company's CPAs are attempting to spread out the workload. b. The Internal Revenue Service requires merchandise companies to select such a date for their fiscal year. c. The company originally started business operations on that date. d. Business activity has reached a slow period that is suited to the preparation of its financial statements at the end of the year.
Which of the following contracts would be void because of undue influence?
A) Mikhail wants Ivana to sign a contract for the sale of her apartment. He tells her that if she does not sign the contract, he will harm her son. B) Janet owns a pair of zircon earrings. She sells them claiming they are diamonds and receives a much higher price for them. C) Carla unknowingly sells a painting to a collector thinking it's genuine. However, the collector finds out that it actually is an imitation. D) Gary has been the McGill family attorney for decades. When he needs investors for his business, he demands that Mr. McGill invest in the new business.
Only scheduled personal property is covered by homeowners' insurance
Indicate whether the statement is true or false
One of the simplest ways to reduce random variation is to smooth the time series using moving averages and exponential smoothing
Indicate whether the statement is true or false