Public colleges and universities are required to report as special purpose entities engaged in both governmental- and business-type activities because they receive tax dollars and charge user fees.
Answer the following statement true (T) or false (F)
False
Public colleges and universities typically report as special-purpose entities engaged only in business-type activities.
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Which of the following statements is true about recklessness?
A. Assumption of risk is not a good defense for recklessness. B. It is best defended with a plea of contributory negligence. C. It is identical to intentional wrongdoing. D. It is more morally objectionable than negligence but less than intentional wrongdoing.
Explain the difference between societal culture and business culture.
What will be an ideal response?
It is important to question the reliability of forecasts because
A. the growth new industries, such as that of telecommunications, cannot be predicted. B. uncertainty is black and white, and therefore the gray areas are unimportant. C. if predictions are too low, a company like Motel 6 might build too many units and thus have a surplus of capacity. D. underestimating uncertainty can lead to good competitive strategies.
Describe the role information plays in enterprise resource planning systems.
What will be an ideal response?