When a contributor and a government agree that the principle and/or income of trust assets is for the benefit of individuals, organizations, or other governments, an agency trust fund has been formed.
Answer the following statement true (T) or false (F)
False
Private purpose trust fund results when a contributor and a government agree that the principal and/or income of trust assets is for the benefit of individuals, organizations, or other governments.
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If a foreign company is taken over by the host-country government and some form of compensation is paid, confiscation is said to have occurred
Indicate whether the statement is true or false
A present value index can be used to rank competing capital investment proposals when the net present value method is used
Indicate whether the statement is true or false
A handbag retailer plans to sell $40,000 worth of handbags in January. Planned reductions are $2,000 . Planned inventory for January 1st is $70,000 and planned inventory for January 31st is $60,000
As of January 8th, the retailer has ordered $6,000 worth of handbags for January delivery. What is the open-to-buy for the rest of the month? a. $26,000 b. $32,000 c. $36,000 d. $52,000
As a leader, you should know your “listening style preference,” but there is little difference since most styles work in most situations.
a. True b. False