In the context of the four foundations on which laws are based around the world, civil or code law:
A. is derived from Roman law.
B. comes from the Marxist socialist system.
C. continues to influence regulations in former communist countries.
D. is the foundation of the legal system in the United States.
Answer: A
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Many companies use MACRS (Modified Accelerated Cost Recovery System) depreciation for
a. financial reporting purposes and a different method for tax purposes. b. financial reporting purposes because depreciation is not allowed for tax purposes. c. tax purposes because it results in a larger net income in the early years of a plant asset's life d. tax purposes because of a desire to report higher expenses in early years in order to pay lower taxes.
Which of the following is a disadvantage of using outdoor media for advertising?
A) low flexibility B) low repeat exposure C) limited audience selectivity D) high costs E) greater competition
The investor carrying an investment by the equity method records cash dividends received as an increase in the carrying amount of the investment
Indicate whether the statement is true or false
Of the five types of organizational strategies discussed in the textbook, ____________ is when organizations try to maintain current products and services with a limited amount of innovation.
What will be an ideal response?