Which element below is defined as dependence on the integrity, ability, honesty, and reliability of someone or something else?
a. Faith
b. Assurance
c. Trust
d. Conviction
c. Trust
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Because discontinued segments of a business will not be part of the company's future operations, discontinued operations are disclosed separately on the income statement
a. True b. False Indicate whether the statement is true or false
Over the past several years General Motors (GM), like other auto manufacturers, has introduced many new models of sport utility vehicles (SUVs) in all its major divisions. This proliferation of SUVs and an increase in gasoline prices have caused sales to level off. In response, GM offered rebates of up to $5,000 or no-interest financing on selected models of SUVs. The largest rebates went to current owners of GM vehicles, so that they would replace their current vehicles with a GM model instead of switching to another brand. The rebates have been heavily advertised on national television. Profit margins per vehicle have shrunk as a result of these costly promotions. In which stage of the product life cycle is GM currently operating?
A. market growth B. sales decline C. market introduction D. market establishment E. market maturity
Which of the following is TRUE when a partner withdraws his interest from the partnership?
A) He is obliged to pay a bonus to the existing partners. B) The existing partners are obliged to pay a bonus to the withdrawing partner. C) The partner';s capital account will be closed. D) He must get the book-value of his interest.
Ethical issues also arise if the users of secondary data are unduly critical of the data that do not support their interests and viewpoints
Indicate whether the statement is true or false