A portfolio containing a mix of stocks, bonds, and real estate is likely to be more diversified than a portfolio made up of only one asset class
Indicate whether this statement is true or false.
Answer: TRUE
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SparkClean is a company that specializes in producing cleaning products for automobiles. In order to promote its products, SparkClean sends a complimentary sample of its products to auto enthusiasts
Which form of marketing is SparkClean involved in? A) online marketing B) viral marketing C) telemarketing D) kiosk marketing E) direct-mail marketing
Which of the following is not a characteristic of a defined benefit plan?
a. The employee makes all contributions to the plan. b. Benefits may be paid as a single lump sum amount at retirement date. c. Benefits can be based on career average salary. d. In all cases, the value of pension benefits is directly related to the employee’s years of service.
The accrual basis of accounting requires adjustments to recognize revenues in the periods they are earned and to match expenses with revenues.
Answer the following statement true (T) or false (F)
Under the Revised Model Business Corporation Act, which of the following must be part of the articles of incorporation?
A. The attorney for the corporation. B. The purpose of the corporation. C. The address of the registered office. D. Information concerning where the corporation plans to transact business. E. The bank used in funding the corporation.