The current Marketing Research industry has quite large "behemoths" that operate around the globe with revenues in excess of $1 billion
Indicate whether the statement is true or false
TRUE
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To interpret a speaker’s message accurately we may do all of the following EXCEPT
a. relate what the speaker says to what we already know. b. compile questions to ask to clarify things. c. paraphrase the speaker’s thoughts in our own words. d. pay attention to your inner thoughts more than to the speaker.
One evening you eat at the salad bar of a restaurant. The potato salad looks a bit odd, but you stuff it down anyway. You get food poisoning from the salad, which was left at room temperature too long. If you sue the restaurant, they are likely to be:
a. strictly liable for violating express warranties that exist at all restaurants b. strictly liable for violating implied warranties that exist for food c. not liable because of your assumption of the risk at the restaurant d. not liable because of contributory negligence for not asking about the safety of the salad e. not liable because of the rule of caveat emptor
The modified accrual basis is a distinct system of accounting that contains financial statement elements that appear nowhere else. Among these are expenditures and fund balances.
Answer the following statement true (T) or false (F)
Which of the following is not a typical characteristic of a convertible preferred stock?
a. They are cumulative but not participating. b. The conversion privilege normally expires before maturity. c. They have no sinking fund or purchase fund. d. They have a fixed conversion rate. e. There is generally no waiting period before conversion can take place.