Any decision you make or solution you implement involves some risk, which is an exposure to a chance of loss or damage. _________________________
Answer the following statement true (T) or false (F)
True
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A helicopter operated by a metropolitan police department crashes, injuring the two policemen aboard and damaging a home. It crashes in a minority neighborhood, prompting speculation that this is yet another example of the oft-repeated charge that the police department does most of its patrolling in that community. Which of the following is the best way of handling this crisis?
A. Don't do or say anything until you have all the facts. B. Announce that the department is looking into the possibility of suing the company making the helicopter. C. Issue a news release, describing the technical problem that caused the crash using the technical language of the department's consulting engineer. D. Meet with neighborhood groups, reminding them that the police have to patrol their neighborhood more than most because the crime rate in the area is the highest in the metropolitan area. E. None of the above.
________ is a provision of the Securities Act of 1933 that imposes civil liability on persons who intentionally defraud investors by making misrepresentations or omissions of material facts in the registration statement
A) Section 24 of the Securities Act of 1933 B) Section 12 of the Securities Act of 1933 C) Section 11 of the Securities Act of 1933 D) SEC Rule 506
A virtual corporation
A. has no need for suppliers because it produces everything it needs or sells. B. does none of its production "in house." C. acts primarily as a coordinator. D. Both of these are correct: A virtual corporation acts primarily as a coordinator; and a virtual corporation does none of its production "in house." E. All these answers are correct.
Which one of these statements is correct?
A) Pretax income is equal to net income minus taxes. B) The addition to retained earnings is equal to net income plus dividends. C) Operating income is equal to operating revenue minus cost of goods sold. D) Only current taxes are included in the tax expense. E) Earnings per share can be negative but dividends per share cannot.