A business can pay one creditor before another immediately before bankruptcy as long as the money is actually owed
Indicate whether the statement is true or false
FALSE
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What does the agent's duty of loyalty mean?
What will be an ideal response?
Which of the following is NOT a reason the marketing program should build customer equity?
A. Expected profits depend on customer equity. B. Profit growth comes from customers. C. Customers are the source of revenue. D. Marketing strategies do not contribute to customer equity. E. Firms expect financial returns.
Regarding performance appraisals, which of the following statements is NOT true?
a. courts will review contested performance appraisals to determine whether or not they are correct b. negative performance appraisals, by themselves, do not prove discrimination c. employees who conduct performance appraisals should be trained in how to conduct them d. a biased negative appraisal may constitute disparate treatment e. none of the above
Which of the following statements is CORRECT?
A. Using accelerated depreciation rather than straight line would normally have no effect on a project's total projected cash flows but it would affect the timing of the cash flows and thus the NPV. B. Under current laws and regulations, corporations must use straight-line depreciation for all assets whose lives are 5 years or longer. C. Corporations must use the same depreciation method (e.g., straight line or accelerated) for stockholder reporting and tax purposes. D. Since depreciation is not a cash expense, it has no effect on cash flows and thus no effect on capital budgeting decisions. E. Under accelerated depreciation, higher depreciation charges occur in the early years, and this reduces the early cash flows and thus lowers a project's projected NPV.