No formal steps are necessary to create a sole proprietorship
Indicate whether the statement is true or false
True
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According to Fiedler's contingency model, ______ situation control favors a leader who is ______-oriented.
A. low; relationship B. low; transformational C. moderate; task D. moderate; relationship E. high; transformational
Asset maintenance involves only the recording of depreciation charges. Physical improvements are always expensed
Indicate whether the statement is true or false
In calculating the depletion of a natural resource, its useful life in years is irrelevant
Indicate whether the statement is true or false
(CMA adapted, Jun 90 #19) Regarding the data for Ramer Company and Matson Company, which one of the following is correct if both companies have the same total assets and the same sales?
a. Ramer has more cash than Matson. b. Ramer has fewer current liabilities than Matson. c. Matson has less shareholders' equity than Ramer. d. Matson has a shorter operating cycle than Ramer. e. None of the above is correct.