In a decentralized company, segment managers may not fully understand the big picture when making decisions
Indicate whether the statement is true or false
FALSE
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Net income that has been earned by the corporation but not paid out as dividends are ______________________________
Fill in the blank(s) with correct word
One argument in favor of accelerated depreciation is that the asset's benefit is greater in the earlier years
Indicate whether the statement is true or false
The early stages of the hierarchy of effects are most likely to utilize _____
a. public relations b. personal selling c. pioneer advertisements d. competitive advertisements
Timothy, who lives alone, has a comprehensive general liability home insurance policy with the Great Pacific insurance company. He is planning to travel the world for a year and leave his home locked up while he is away
Which of the following should Timothy do? A) Tell the insurance company of his plans to leave the house vacant as doing this constitutes a change in the risk. B) Tell the insurance company of his plans because if he does not it will breach the fiduciary duty he owes the insurance company C) Give the insurance company of a forwarding address in case it needs to contact him D) Tell the insurance company so he can get a major reduction in his rates. E)He does not have to tell the insurance company as he still owns the property and he is free to travel.