A new position on a board of directors can be created by an amendment to the articles of incorporation

Indicate whether the statement is true or false


True

Business

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A fixed cost is a cost that does not increase as output increases and does not decrease as output decreases

Indicate whether the statement is true or false

Business

Contrast the opportunities and challenges of globalization.

What will be an ideal response?

Business

At the CMMI Level 5, software processes are defined by individuals in an organization

Indicate whether the statement is true or false

Business

Tenth National Bank extended a $2 million loan to ABC Development Company. Tenth National accepted a mortgage on a building as collateral for the loan. The mortgagee's signature on the loan, however, was a forgery

The resulting loss is covered by which financial institution bond coverage? A) Insuring Agreement A— Fidelity B) Insuring Agreement D—Forgery or Alteration C) Insuring Agreement E—Securities D) Insuring Agreement G—Fraudulent Mortgages

Business