[Coffee Shops] Marley wants to open a chain of coffee shops but needs some investors. Her friend Marc tells her that she should be sure that she satisfies the requirements of the SEC. Marc tells her that she has to provide information to the SEC involving a description of the securities, an explanation of how proceeds will be used, information regarding the management of the company and other matters. He tells her that she also has to provide a document to the SEC that will be provided as an advertising tool to potential investors who can rely on it to decide whether they should buy the securities. Marley says that she does not want to do that. She explains to Marc that insofar as the coffee shop venture is concerned, she does not want to advertise, and she only wants to offer securities
to a limited number of wealthy friends. Particularly, she has her friend Annaliese in mind, who has a net worth of at least $3 million.Which of the following is the term for the document referenced by Marc to be provided to the SEC that will be used as an advertising tool to potential investors who can rely on it to decide whether they should buy securities?
A. A proposed income statement
B. An advertising statement
C. An inventory
D. A securities advertisement
E. A prospectus
Answer: E
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Transactions processed through the payroll process include all of the following except:
A. accrual of social security taxes. B. payments to independent contractors for services rendered. C. payments to employees for services rendered. D. payment of unemployment taxes.
The OE/S process addresses the decision needs of managers of various sales and marketing functions through the use of:
A. vertical information flows B. horizontal information flows C. both vertical and horizontal information flows D. neither vertical nor horizontal information flow
Centralized decision making may prove effective in firms that must respond quickly to fluctuations in customer demand.
Answer the following statement true (T) or false (F)
Debt collections may be done by:
a. invoice b. follow-up letter c. phone calls d. personal visits e. all of the other choices