The U.S. government reports data on the number of firms, sales volume, and number of employees by NAICS code.

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


True

The U.S. government publishes data about number of establishments, sales volumes, and number of employees-broken down by geographic areas as per the NAICS code.

Business

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Stratified sampling differs from quota sampling in that the sample elements are selected probabilistically rather than based on convenience or judgment

Indicate whether the statement is true or false

Business

IFRS allows for alternative performance measures to be presented in the income statement that are not allowed by U.S. GAAP

Indicate whether the statement is true or false

Business

If the assets of a business increased $89,000 during a period of time and its liabilities increased $67,000 during the same period, equity in the business must have:

A. Increased $22,000. B. Decreased $156,000. C. Increased $89,000. D. Decreased $22,000. E. Increased $156,000.

Business

In which of the following cases did the U.S. Supreme Court rule that basic business methods cannot be patented?

A. State Street Bank & Trust v. Signature Financial Group, Inc. B. Bilski et al. v. Kappos C. Alice Corporation Pty. Ltd. v. CLS Bank International D. BMG Rights Management v. Cox Communications

Business