The profit center income statement should include only revenues and expenses that are controlled by the manager
Indicate whether the statement is true or false
True
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LetsConnect is a three-month-old Internet service provider in the U.S.A. In the last two months, it was discovered that several LetsConnect users exchanged online material that is illegal in the United States
The ISP took no measures to investigate the matter or prevent it. Which of the following holds true in this case? A) The users of LetsConnect are not liable for the material they exchanged. B) The ISP is not liable for the content transmitted over its network. C) The ISP will be prosecuted for abusing the freedom of speech. D) The ISP will be prosecuted for violating the Communications Decency Act.
Explanations
A) are always given in great detail. B) are discouraged in a set of instructions. C) are given depending on the readers' prior experience with the process.
Most performance evaluation meetings will last for
a. Five to ten minutes b. 30 to 60 minutes c. Two to three hours d. A half day
A general partnership that, by making the statutorily required filing, limits the liability of its partners for some or all of the partnership's obligations is known as a:
a. limited liability partnership. b. limited liability company. c. limited liability limited partnership. d. limited partnership.