The 4 major components of traditional U.S. union contracts include all of the following except:

A. Employee rights
B. Management rights
C. Job Rights
D. Government rights


D. Government rights

Business

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All of the following statements are true except:

a. International accounting standards are more flexible in allowing the use of fair market values for intangible assets. b. FASB standards require all research and development costs to be expensed. c. IFRS requires all research and development costs to be expensed. d. Under IFRS, fair market values for intangibles require an active market.

Business

Which of the following represents the number of sales dollars generated by each dollar invested in assets?

A) Asset turnover B) Average assets invested C) Profit margin D) Operating income

Business

Throughout the sales presentation, it is usually best to:

A) describe the weakness of competing products frequently B) discuss competing products even if you are unfamiliar with them C) avoid shifting attention away from your product to competing products D) refuse to answer any questions about competing products E) be proactive about discussing competing products

Business

Portfolio betas will always be lower than the weighted average betas of the securities in the portfolio

Indicate whether the statement is true or false.

Business