Companies in the same industry may use different accounting methods, diminishing the usefulness of some industrial averages
Indicate whether the statement is true or false
True
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Regarding installations, which of the following is NOT true?
A. The number of potential customers at any one time is quite large. B. It is common for sellers to offer specialized services. C. Multiple buying influence is common. D. Leasing installations may be attractive to buyers. E. The buying needs of potential customers are basically economic.
The procedure used to compute the future value of a series of cash flows is known as:
A. the annuity method. B. indexing. C. compounding. D. the future-cost approach. E. discounting.
Entrepreneurs will always be
a. a key factor in the stability of the small-business sector. b. hindered by lack of funding. c. the major source of job creation and innovation in any economy. d. a little quirky.
A closed corporation typically limits the right to transfer stock
a. True b. False Indicate whether the statement is true or false