A budget is a financial report that forecasts your current income as a percentage of your past earnings
Indicate whether the statement is true or false
False
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A term-of-trade index that equals 90 indicates that compared to the base year,
a. it requires a greater output of domestic goods to obtain the same amount of foreign goods. b. it requires a lesser amount of domestic goods to obtain the same amount of foreign goods. c. the price of exports has fallen from $100 to $90. d. the price of imports has fallen from $100 to $90.
Which of the following is not a reason for a corporation to acquire treasury stock?
A) to reduce the likelihood of being acquired by another company B) to maintain the market price of the company's stock C) to reduce the earnings per share D) to be used in the acquisition of other companies
Which of the following does NOT represent a change in reporting entity?
a. Changing the companies included in combined financial statements b. Disposition of a subsidiary or other business unit c. Presenting consolidated statements in place of the statements of individual companies d. Changing specific subsidiaries that constitute the group of companies for which consolidated financial statements are presented
Positioning refers to consumers' perceptions about a product relative to competing products
Indicate whether the statement is true or false