Which of the following statements is false?

a. Entrepreneurs are born with the skills necessary to manage a business.
b. Their belief in their ability seldom wavers.
c. Independence is a driving force behind contemporary entrepreneurs.
d. Entrepreneurs know where they want to go.


ANSWER: a

Business

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Indicate whether the statement is true or false

Business

By law, closing entries must be made on December 31 of each year

Indicate whether the statement is true or false

Business

Beckham Corporation has 3,000 shares of $100 par value, 7 percent cumulative preferred stock, and 10,000 shares of $10 par value common stock outstanding during its first five years of operation. Beckham Corporation paid cash dividends as follows: 2006, $16,500; 2007, $0; 2008, $65,000; 2009, $30,000; 2010, $15,000 . The amount of dividends the common stockholders received during 2006 was

a. $0. b. $8,250. c. $16,500. d. $24,750.

Business

______ are used to rank suppliers and track their performance over time.

A. Supplier information cards B. Performance guidelines C. Supplier scorecards D. Performance metrics

Business