Which type of retail ownership is owned and operated by an individual but is licensed by a larger supporting organization?
A. independent retailer
B. chain store
C. franchise
D. cooperative
E. secondary retailer
Answer: C
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List the five basic components of accounting information systems and give an example of each.
What will be an ideal response?
Rolette Clemens is a financial institution that provides loans to businesses. It rejects a textile company's request for a loan after it reviews the value of the company's assets, liabilities, and owners' equity and finds them to be unsatisfactory. In this scenario, Rolette Clemens most likely analyzed the company's _____ to assess its financial condition.
A. statement of cash flows B. balance sheet C. income statement D. operating budget
Which of the following statements regarding terrorism insurance is (are) true? I. There is a federal backstop if terrorism claims are catastrophic. II. Private insurers market terrorism insurance
A) I only B) II only C) both I and II D) neither I nor II
If a person is to be motivated, he or she must observe models of receiving reinforcement that is reasonable.
Answer the following statement true (T) or false (F)