Which of the following steps governing the incorporation process is included in the Model Business Corporation Act (MBCA)?
A. Filing the articles with the attorney general
B. Filing the articles by paying part of the required fees to the partnership creditor
C. Contributing a minimum of $5,000 to receive a certificate of incorporation
D. Preparing, signing, and authenticating the articles of incorporation
Answer: D
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Answer the following statement true (T) or false (F)
Which of the following should be the first step of developing an advertising campaign?
A) set the budget objectives B) establish the advertising message C) understand the target audience D) draft the creative brief E) select the execution format
Which of the following is not true regarding the lower-of-cost-or-market basis for inventory valuation?
a. It is a conservative accounting policy. b. It recognizes losses from decreases in market value before a sale occurs. c. It recognizes gains from increases in market value above original acquisition cost only when a sale occurs. d. It reports inventories on the balance sheet at amounts that are never greater, but may be less, than acquisition cost. e. It reports inventories on the balance sheet at amounts that are equal to the acquisition cost less a normal profit margin.
The stages in the marketing research process must be done sequentially
Indicate whether the statement is true or false