Decisions made at the beginning stage of a project life cycle have less influence than those made at later stages
Indicate whether the statement is true or false
FALSE
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For tax purposes, a limited liability company may elect to be treated as a partnership
a. True b. False Indicate whether the statement is true or false
A good marketing manager for a producer knows that the most profitable price and level of output is where
A. the firm's profit is the same as that of its competitors. B. total profit equals total cost. C. the positive difference between the total revenue and total cost curves is the greatest. D. total revenue equals total cost. E. None of these answers is correct.
Which of the following is true of cash discount?
A) It increases bad debts because after availing discounts all customers may not pay. B) It decreases the investment in accounts receivable and increases the per unit profit. C) It helps to speed up collections without putting pressure on customers. D) It reduces sales because the customers feel that the products are of inferior quality.
If spending exceeds the amount of your income over a period of time, your best option is probably to
A) reduce your spending. B) sell some of your assets. C) increase your work hours. D) get a second job.