Reliance on an "expert's" statement of opinion may be the basis for an action based on fraud.

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


True

Business

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Innovative information systems, especially those intended to give their owners a competitive advantage, should not be outsourced.

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

Business

Easton Company makes and sells scooters. Easton incurred the following costs in its most recent fiscal year: Cost Items Appearing on the Income StatementMaterials cost ($10 per unit)Depreciation on manufacturing equipmentCompany president's salarySalaries of administrative personnelLabor cost ($4 per unit)Research and development costsAdvertising costs (150,000 per year)Real estate taxes on factoryShipping and handling ($0.15 per unit)Inspection costsEaston can currently purchase the scooters it makes from Weston Company. If the company purchases the scooters, Easton would still continue to use its own logo, sales staff, and advertising programs. If Easton outsources the scooters to Weston, which of the following costs would be relevant to the outsourcing decision?

A. Shipping and handling B. Materials cost C. Inspection costs D. All of the above.

Business

The assembly time for a product is uniformly distributed between 2 to 10 minutes. The probability of assembling the product in less than 6 minutes is

A. 0. B. 0.50. C. 0.25. D. 1.

Business

When a deductive approach is used in a persuasive situation, chances of getting cooperation are maximum

Indicate whether the statement is true or false

Business