In a federal form of government, the national government does not share sovereign power with the states

Indicate whether the statement is true or false


F

Business

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Ford and Mazda have market entry and expansion in a relationship known as:

A) joint venture. B) licensorship. C) franchising. D) contract manufacturing. E) none of the above

Business

A comprehensive public relations plan clearly states tactics against which objectives can be measured and evaluated

Indicate whether the statement is true or false

Business

On February 15, Jewel Company buys 6200 shares of Marcelo Corp. common stock at $28.71 per share plus a brokerage fee of $400. The stock is classified as available-for-sale securities. This is the company's first and only investment in available-for-sale securities. On March 15, Marcelo Corp. declares a dividend of $1.23 per share payable to stockholders of record on April 15. Jewel Company received the dividend on April 15 and ultimately sells half of the Marcelo Corp. stock on November 17 of the current year for $29.48 per share less a brokerage fee of $250. The journal entry to record the dividend on April 15 is:

A. Debit Cash $7626; credit Interest Revenue $7626. B. Debit Cash $7626; credit Gain on Sale of Investments $7626. C. Debit Cash $6689; credit Interest Revenue $6689. D. Debit Cash $6689; credit Dividend Revenue $6689. E. Debit Cash $7626; credit Dividend Revenue $7626.

Business

A drawback of short-term contracting as an alternative to making a component in-house is that

A. it fails to allow a long planning period that individual market transactions provide. B. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. C. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. D. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.

Business