President Franklin D. Roosevelt's program for restoring the economy and improving social conditions became the foundation for increased government involvement in business.

Answer the following statement true (T) or false (F)


True

Business

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________ is the assignment of numbers or other symbols to characteristics of objects according to certain pre-specified rules

A) Ranking B) Measurement C) Scaling D) Rating

Business

Typically exempt from the sales/use tax base is the purchase of lumber by a do-it-yourself homeowner when she builds a deck onto her patio. This exemption is known as the homestead rule.

Answer the following statement true (T) or false (F)

Business

The length of the investment in a foreign country has no impact on the risk assessment for that investment. What matters are the economic and political situations in the country.

Answer the following statement true (T) or false (F)

Business

A budget that is established at the beginning of the period and not adjusted for different levels of actual sales activity is called a:

A) nonfinancial budget. B) flexible budget. C) static budget. D) zero-based budget.

Business