Business brokers specialize in the sale of business firms and business properties.

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


False

Business

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Accrued interest on notes payable is interest expense that has been incurred but not paid

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

Business

Which test is a legal means to test the integrity of job applicants and generally involves asking applicants directly about their attitudes toward theft and their own experiences with theft?

A. in-basket test B. personality inventory test C. cognitive ability test D. paper-and-pencil honesty test E. polygraph test

Business

On March 1, Year 1, Presco Enterprises paid $1,200 cash for an insurance policy that would provide protection for a one-year term. The company's fiscal closing date is December 31. Based on this information, the amount of insurance expense appearing on the Year 1 income statement would be

A. $500 B. $200 C. $1,000 D. $1,200

Business

Which of the following positions give rise to a confidentiality obligation in law without the need for any express agreement?

A) Director of a corporation B) Officer of a corporation C) Consultant of a corporation D) Both A and B E) All of the above

Business