Most businesses today determine departmental operating expenses through the use of general ledger accounts for departmental expenses
a. True
b. False
Indicate whether the statement is true or false
False
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Visionary characteristics are the lowest level competencies that can be used to collect information about competencies.
Answer the following statement true (T) or false (F)
The board of directors of a corporation:
A. May not also be executive officers of the corporation, due to the separate entity principle. B. Do not have the power to bind the corporation to contracts, due to lack of mutual agency. C. Are elected by the corporate registrar. D. Are responsible for overseeing corporate activities. E. Are responsible for day-to-day operations of the business.
The U.S. Patent and Trademark Office issues a patent upon an application containing:
A) a specification, which describes the features that make the invention patentable. B) claims, which describe the features that make the invention patentable. C) claims, which describe how the invention works. D) a summary of the prior similar inventions and an explanation of how this invention is distinct from them.
Which of the following is a possessory interest in land?
A. fee simple absolute B. easement C. profit D. license