Principals are bound by the authorized contracts of their independent contractors

Indicate whether the statement is true or false


TRUE

Business

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Cash flows from acquiring and selling products are classified as

a. operating activities. b. investing activities. c. financing activities. d. distribution activities.

Business

Match each entrepreneur below with the form of business combination with which he is historically identified.

A. Andrew Carnegie 1. interlocking directorate B. John D. Rockefeller 2. horizontal integration C. J. Pierpont Morgan 3. vertical integration a. A-2, B-3, C-1 b. A-1, B-2, C-3 c. A-2, B-1, C-3 d. A-3, B-2, C-1 e. A-1, B-3, C-2

Business

Indicate whether each of the following statements is true or false.Some forms of financial statement analysis involve identifying changes in the same item for the same company over a period of time.Some forms of financial statement analysis involve comparing operations of different companies in the same industry.Vertical analysis is also called trend analysis.Vertical analysis refers to studying the behavior of individual financial statement items over several periods.Horizontal analysis could be done using changes in the absolute dollar amount of an item or trends in percentages.

What will be an ideal response?

Business

________ occurs when an employee leaves an organization permanently.

A. Temporary layoff B. Downsizing C. Turnover D. Transfer

Business