If a petrochemical firm that used oil as feedstock merged with an oil producer that had large oil reserves and a drilling subsidiary, this would be a vertical merger.

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


True

Business

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The acronym EFT stands for electronic funds transfer

Indicate whether the statement is true or false

Business

Which of the following most likely would not be considered an inherent limitation of the potential effectiveness of an entity's internal controls?

A. Mistakes in judgment. B. Incompatible duties. C. Management override. D. Collusion among employees.

Business

A social marketing program which aims to alter ideas about abortion is an example of a(n) ________

A) cognitive campaign B) active campaign C) behavioral campaign D) value campaign E) normative campaign

Business

On October 1, 2020, Jewelry Specialists Company made a loan to one of its customers. The customer signed a 6-month note for $100,000 at 15%. Calculate the total interest earned on the note. (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)

A) $7500 B) $3750 C) $1250 D) $15,000

Business