Esperanza is interested in buying a franchise from Fire Mountain Gemstones, Inc Fire Mountain must disclose material facts that Esperanza needs to make an informed decision concerning this purchase, according to?
A) no law
B) federal antitrust laws.
C) the Federal Trade Commission's Franchise Rule.
D) the Uniform Commercial Code.
C
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Mr. and Mrs. Pointer, ages 45 and 46, each contributed the maximum $6,000 to their traditional IRAs. Each spouse actively participates in an employer-sponsored qualified retirement plan. Compute the deductible IRA contribution on their joint return if their AGI before such deduction is $111,970.
A. $6,034 B. $6,618 C. $0 D. $110,000
Plant assets are depreciated because:
A) the accrual basis of accounting requires matching of costs to revenues. B) cash basis of accounting requires depreciation. C) the book values equal market values. D) the replacement cost of plant assets may fluctuate over time.
Performance reports are often part of a managerial reporting system known as a responsibility accounting/reporting system.
Answer the following statement true (T) or false (F)
J.D. Powers' surveys of customer satisfaction are a popular example of syndicated research.
Answer the following statement true (T) or false (F)