The terms of a lease can only be structured in one way to meet the lessor and lessee and satisfy accounting standards
a. True
b. False
Indicate whether the statement is true or false
False
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Competitive advantage is a company's ability to perform in one or more ways that competitors cannot or will not match
Indicate whether the statement is true or false
In evaluating the profitability of a specific organizational segment, all ____ would be ignored
a. segment variable costs b. segment fixed costs c. costs allocated to the segment d. period costs
Janet was employed as a sales representative for Esday, Inc An appreciative customer gave her a diamond bracelet for all her hard work on a complicated contract. Can Janet keep the bracelet?
a. Yes. The bracelet was given to Janet personally and intended for her. b. Yes, but only if she discloses the gift to Esday and Esday consents to her keeping the bracelet. c. No. An agent is not allowed under any circumstances to personally profit as a result of the agency relationship. d. No. The bracelet is regarded as an unfair trade practice and violates antitrust law.
Malicious prosecution and wrongful civil proceedings impose liability for damages caused by improperly brought proceedings, including harm to reputation, credit, or standing; emotional distress; and expenses of defense
a. True b. False Indicate whether the statement is true or false