Which of the following is true about the final stage of the typical growth pattern that small businesses tend to follow?

A. Owners outsource much of the supervisory work.
B. Owners manage the business and do all the work.
C. Owners manage their companies but hire employees to help with routine and/or management activities.
D. Owners hire managers to run the firms.


Answer: D

Business

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A second study tested a multivariate model and demonstrated that all but the following were significant correlates of employee well-being

a. Salary b. Inclusion-exclusion c. Perception of fairness d. Social support

Business

Which of the following is a difference between the EOQ and the EPQ models?

a. In the EOQ model, additional inventory is received all at once, but not in the EPQ model. b. In the EOQ model, there are quantity discounts available, but not in the EPQ model. c. In the EOQ model, lead time is known, but not in the EPQ model. d. In the EOQ model, shortages are allowed, but not in the EPQ model.

Business

Scienter is the element of fraud that requires that the person who makes the misrepresentation knows that it is false or has reckless indifference as to its truthfulness

Indicate whether the statement is true or false

Business

Jamie sells investment real estate for $80,000, resulting in a $15,000 loss. Jamie's loss is

Jamie sells investment real estate for $80,000, resulting in a $15,000 loss. Jamie's loss is

A) an ordinary loss.

B) a capital loss.

C) a Sec. 1231 loss.

D) a Sec. 1244 loss.

Business