New innovations in agricultural products are as likely to come today from chemical and biotechnology companies as traditional food/seed firms. This is an example of:
a. market uncertainty.
b. incremental innovation.
c. preannouncing new products.
d. competitive volatility.
e. network externalities.
d
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Closing entries serve two important purposes: (1) to return the balances in all temporary or nominal accounts to zero to start the next accounting period and (2) to transfer the net income (or net loss) and the dividends of the period to the Retained Earnings account
a. True b. False Indicate whether the statement is true or false
Annual registration statements filed by corporations are known as:
a. Public Information Form b. Form 1044 c. Form 10-K d. Securities Exchange Form e. Quarterly Statement Form
Which of the following statements is FALSE? Standard form contracts
A) are necessary for the business world to function B) are usually only used if the contract is between two companies C) often include a disclaimer clause D) are usually written to favour the party that wrote the contract E) often result in one party signing it without reading all the terms
Individual states may pass their own right-to-work laws
a. True b. False Indicate whether the statement is true or false