According to the text, the types of information an IC needs to have reported by subsidiaries include:

A. biological.
B. meteorological.
C. technological.
D. gastronomical.


Answer: C

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The numerator of the rate of return on common shareholders' equity

a. is the amount of earnings assignable to common shareholders' equity after subtracting all amounts required to compensate other providers of financing for the use of their funds. b. subtracts from net income any earnings allocable to preferred stock equity, usually the dividends on preferred stock declared during the period. c. does not subtract the dividends on common stock because such dividends represent distributions to common shareholders of a portion of the returns generated for them during the period. d. all of the above e. none of the above

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_______ fundamentally changes the products offered.

a. Severe invention b. Total elimination c. Radical innovation d. Rapid invention

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No tenant has a qualified right to the exclusive possession of leased real property.

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

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A financial institution can achieve cost savings by engaging in multiple activities. These are called economies of

A) scope. B) scale. C) complexity. D) information.

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