RULPA does not distinguish between the duty of care owed by a general partner to a general partnership and that owed by a general partner to a limited partnership
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following is not true for an operating segment according to U.S. GAAP?
A. Discrete financial information generated by the internal accounting system is available. B. The segment is regularly reviewed by a chief decision maker to make resource allocations. C. The segment recognizes revenues and incurs expenses. D. An organizational unit cannot be an operating segment if all of its operating transactions are only with other segments of the organization. E. The segment is regularly reviewed by a chief decision maker to assess performance decisions.
Firms with tangible long-term assets and predictable cash flows, such as electric utilities, tend to have balance sheets with a
a. high proportion of long-term debt (80% or more). b. low proportion of long-term debt (20% or less). c. high proportion of shareholders' equity (80% or more). d. high proportion of cash (80% or more). e. high proportion of retained earnings (80% or more).
The focus of social media efforts targeted at customer interaction is building connections.
Answer the following statement true (T) or false (F)
Meeting leaders should
a. encourage side conversations. b. keep the discussion on track. c. begin only when all participants have arrived. d. all of these choices.