A trade-in allowance cannot be greater than the book value of the asset traded

a. True
b. False
Indicate whether the statement is true or false


False

Business

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Which of the following statements concerning the differences in operating a business as a partnership or as an S corporation is true?

A. The owners of a general partnership have unlimited personal liability for the debts of the business. B. The owners of an S corporation have unlimited personal liability for the debts of the business. C. The S corporation form offers greater flexibility in allocating the income or loss among the owners. D. All of the above are true statements.

Business

The RTRIM function can be used to remove a specific set of characters from the right side of a set of data values. _________________________

Indicate whether the statement is true or false

Business

Carlos is trying to find a few extra dollars per month in his budget for savings and investments. All of the following are things he can do to accomplish this goal EXCEPT

A. take public transportation to work instead of driving. B. buy a coffee machine and make coffee at home instead of buying it from a coffee shop. C. pack his lunch a few days per week instead of buying it. D. eat at home one more night per week. E. take a few dollars off his bill payments.

Business

Our discussions on Decision Making focused on several types of decisions. Which of the following was NOT one of our decision types?

a. heuristic & bias b. escalation & anchoring c. logic & mental

Business