Buying an existing business does not take as much planning and thought as starting a business from scratch.

Answer the following statement true (T) or false (F)


False

A franchise with an existing business has a higher likelihood of success when compared to starting a business from scratch, and yet that does not mean that buying a business does not take as much planning and thought as starting a business from scratch. There are still significant risks involved in buying a business.

Business

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The report on internal control required by the Sarbanes-Oxley Act of 2002 may be prepared by either management or the company's auditors

a. True b. False Indicate whether the statement is true or false

Business

In a just-in-time environment using backflush costing, the entry to record the use of materials for the month's production is debit __________ and credit __________

a. Work in Process Inventory; Materials Inventory b. Cost of Goods Sold; Finished Goods Inventory c. Conversion Costs; Accounts Payable d. No entry

Business

According to Moore's Law, the ________.

A. price of an integrated chip reduces once in 18 months B. performance of each transistor on a square inch of an integrated chip doubles every year C. density of a transistor decreases every year D. rate of innovation increases exponentially E. number of transistors per square inch on an integrated chip doubles every 18 months

Business

How have the attitudes of marketing professionals changed in recent years?

A) They no longer treat public relations as merely an ancillary part of the marketing mix. B) They make sure that products and services meet the desires and needs of customers. C) They price products and services competitively. D) They ensure that products are distributed widely.

Business