It would be correct to define operating cash flow (OCF) as net operating profit after taxes plus depreciation

Indicate whether the statement is true or false


TRUE

Business

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The first step in the FDA approval process for new drugs is their classification by the __________ based on currently accepted medical use and potential for abuse

a. National Institute of Health b. The Consumer Product Safety Commission c. Drug Enforcement Administration d. Congress

Business

Determining the worst payoff for each alternative and choosing the alternative with the "best of the worst" is the approach called:

A) maximax B) maximin C) Laplace D) minimax regret E) expected monetary value

Business

Costs that are traceable to a segment and are completely beyond the influence of the segment manager can be advantageously divided in segment reports into two distinct responsibilities - those for segments and those for segment managers.

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

Business

In certain cases, a court excuses nonperformance of a contract where an unexpected and unforeseeable event occurs that frustrates the purpose of the contract

Indicate whether the statement is true or false

Business