One way of keeping a trade secret is to obtain a patent on it
a. True
b. False
Indicate whether the statement is true or false
False
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A cultural production system is a ________
A) creative subsystem B) managerial subsystem C) communication subsystem D) all of the above
During 2014, the accounts receivable turnover rate for Cordner Company increased from 10 to 14 times per year. Which one of the following statements is the most likely explanation for the change?
a. The company's credit department has followed up with customers whose account balances are past due in order to generate quicker collections. b. The company has decreased sales to its most credit worthy customers. c. The company has increased the amount of time customers have to pay their accounts before they are past due. d. The company has extended credit to more risky customers in order to increase sales.
The term "proprietary funds" applies to:
A. enterprise, internal service, and private-purpose trust funds. B. all funds that use accrual accounting. C. enterprise and internal service funds only. D. none of the above answers are correct.
A(n) ________ center is a revenue center that enhances profitability of the organization through enhancing the productivity of the people of the organization.
A. cost B. enhancement C. profit D. productivity E. deliverance