The OTC market is a link-up of dealers, with stringent listing and membership requirements

Indicate whether this statement is true or false.


Answer: FALSE

Business

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A student is defending a certain depreciation method. She uses the argument that repairs and maintenance costs will probably increase as the asset gets older. She also argues that the asset will produce less as it gets older. What depreciation method is she probably defending?

A) straight-line method B) sum-of-the-years'-digits method C) sinking-fund method D) activity method

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Fredericksen Corporation makes one product and has provided the following information: Budgeted sales, February 8,700unitsRaw materials requirement per unit of output 6poundsRaw materials cost$2.00per poundDirect labor requirement per unit of output 2.9direct labor-hoursDirect labor wage rate$21.00per direct labor-hourPredetermined overhead rate (all variable)$10.00per direct labor-hourVariable selling and administrative expense$1.10per unit soldFixed selling and administrative expense$80,000per month?The estimated cost of goods sold for February is closest to:

A. $634,230 B. $252,300 C. $721,230 D. $886,530

Business

Overplanning the tactics for each negotiation stage in advance of the negotiation is

A. not a good use of preparation time. B. on the list of ten "best practices." C. is the best use of preparation time. D. is a necessary part of preparation.

Business

As a persuasive writer, you should practice all of the following except

A) showing that you are truthful, experienced, and knowledgeable B) offering a bribe or kickback to ensure that you win over your audience. C) anticipating opposition from conflicting beliefs, values, and attitudes and being prepared to counter with well-reasoned arguments and facts. D) incorporating statistics, reasons, and analogies and then converting these facts into specific audience benefits.

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