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Indicate whether the statement is true or false


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Business

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The simplest pricing method is ________ pricing

A) value-based B) fixed cost C) cost-plus D) target return E) competition-based

Business

An after-the-fact flexible budget

A) is a budget for the actual level of activity B) is used for performance reports C) calculates what costs should have been for the actual level of activity D) is used to compare expected costs with actual costs E) all of these

Business

"Termination" and "dissolution" of a partnership are the same thing

Indicate whether the statement is true or false

Business

Which of the following businesses can be operated as a sole proprietorship?

A) Any service type business B) Any business C) Any business, so long as the number of employees is not excessively large D) Any business, so long as revenues are not excessively large E) Any business, so long as there are no employees other than the proprietor

Business