The private property rights of business make it doubtful that it derives its coercive power from the consent of the governed even in societies where individuals are respected as autonomous, free decision makers.
Answer the following statement true (T) or false (F)
False
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Assume the direct method is used to compute net cash flows from operating activities. For this item extracted from the financial statements-Increase in Prepaid Expenses-indicate the effect on cash payments for operating expenses by choosing one of the following:
A) Add to operating expenses to arrive at cash payments for operating expenses. B) Subtract from operating expenses to arrive at cash payments for operating expenses. C) Not used to adjust operating expenses to arrive ay cash payments for operating expenses.
Which of the following assertions is NOT a hallmark of institutional theory?
a. Organizational rules are rationalized myths that are widely believed but rarely ever tested b. Organizational rules are institutionalized through public opinion, the education system, and laws c. Organizational rules are all about ensuring efficiency and effectiveness d. Many of the factors that shape organizations are based on social and cultural pressures to conform to already legitimate practices
The duty of care for managers and members includes the duty not to usurp the LLC's (limited liability company's) opportunities
Indicate whether the statement is true or false
The monetary policy of the Federal Reserve System (the Fed) has very little to do with the changes in interest rates a consumer will experience
Indicate whether the statement is true or false.