The securities of certain smaller companies going public must also be qualified under the ________ of each state where the securities will be offered.

A. Markets Improvement Act
B. blue sky laws
C. Internal Revenue Service
D. Securities and Exchange Commission


Answer: B

Business

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a. True b. False Indicate whether the statement is true or false

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Which of the following transactions increases both assets and stockholders' equity?

a. Payment received from a credit customer b. Received a bank loan c. Rendered a service, payment not yet received d. Declared and paid a dividend

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Dylan and Kelly are having intense relationship conflict. Their leader, Brandon, intervenes to resolve the conflict. Which of the following best describes Brandon’s actions?

A. delegation B. facilitation C. mentoring D. litigation

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Insurance to protect inventory is a type of ______ costs.

A. ordering B. setup C. stock-out D. holding

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