Neither the net present value method nor the internal rate of return method can be used as a screening tool in capital budgeting decisions.
Answer the following statement true (T) or false (F)
False
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Unlicensed persons cannot recover payment for services where they do not have the required license
Indicate whether the statement is true or false
Tony's Pizza has been trying to directly copy the strategies of Moonlight Pies. Even though it is evident that the success of Moonlight Pies' success comes from the freshness and variety of ingredients it uses, Tony's Pizza has not been able to introduce the same types of produce into its recipes. This is because Moonlight's network of relationships with local growers, as well as its efficient supply chain, are very difficult to emulate. Which of the following barriers to imitation does this scenario best illustrate?
A. resource homogeneity B. social complexity C. path dependence D. resource mobility
Over 70% of the 25 biggest credit card issuers do not charge annual fees
Indicate whether this statement is true or false.
Which of the following is an example of a nonadmitted asset?
A) Office furniture B) Supplies C) Equipment D) All of the above