Bylaws provide the requirements for meetings and voting

Indicate whether the statement is true or false


True

Business

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Exhibit 20-1 On January 1, 2016, Pearson Company signed a lease agreement requiring six annual payments of $60,000, beginning December 31, 2016. The lease qualifies as a capital lease. Pearson's incremental borrowing rate was 9% and the lessor's implicit rate, known by Pearson, was 10%. The present value factors of an ordinary annuity of $1 for six periods for interest rates of 9% and 10% are

4.48592 and 4.35526, respectively. ? Refer to Exhibit 20-1. What would be the balance of the lease obligation for financial reporting purposes on December 31, 2017, after the lease payment (round answers to the nearest dollar)? A) $38,996 B) $167,979 C) $194,383 D) $233,379

Business

Which of the following does not belong to the International Trade Administration?

A. Small Business Administration (SBA) B. Trade Development C. U.S. and Foreign Commercial Service (US&FCS) D. Market Access and Compliance (MAC)

Business

A strong vision and a good mission statement are critical parts of the ______ planning process.

A. environmental B. mission C. informal D. strategic

Business

The _________ attack exploits the common use of a modular exponentiation algorithm in RSA encryption and decryption, but can be adapted to work with any implementation that does not run in fixed time

A. mathematical B. timing C. chosen ciphertext D. brute-force

Business