Those uniform state laws that have been adopted by individual states were first written by Congress

Indicate whether the statement is true or false


False

Business

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Rosewood Company made a loan of $9600 to one of the company's employees on April 1, Year 1. The one-year note carried a 6% rate of interest. What is the amount of interest revenue that Rosewood would report in Year 1 and Year 2, respectively?

A. $432 in Year 1 and $144 in Year 2 B. $576 in Year 1 and $0 in Year 2 C. $144 in Year 1 and $432 in Year 2 D. $0 in Year 1 and $576 in Year 2

Business

Customer relationship management (CRM) systems aids in tracking sales trends and advertising effectiveness by customer and market segment

Indicate whether the statement is true or false

Business

An investment company is

a. A corporation that handles the administrative functions for a fund. b. A corporation that has its major assets in a portfolio of securities. c. A corporation that invests in financial services firms. d. a and b. e. a and c.

Business

Which of the following best describes wholesalers?

A. Organizations that buy products from producers and sell them to retailers B. Individuals or organizations that purchase products and then resell them to other businesses and consumers C. Organizations or individuals who buy products for resale to government, reseller, producer, and institutional users D. Organizations or entities that buy products from government, reseller, and producer users and sell them to customers in bulk E. Companies that make products that have a general appeal and are resold to retailers for a profit

Business