Long-term liabilities are obligations that will extend beyond one year or the normal operating cycle, whichever is longer

a. True
b. False
Indicate whether the statement is true or false


True

Business

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The use of faxes has declined as ____________ became the primary tool for communication between organizations

a. carrier pigeons b. text messaging c. email d. letters

Business

Compared to an unfamiliar brand, a familiar brand is more likely to be selected by a customer because it often is viewed as reliable and of acceptable quality.

Answer the following statement true (T) or false (F)

Business

The strategy management undertakes in response to unexpected changes in exchange rates depends to a large measure on their opinion about the price elasticity of demand

Indicate whether the statement is true or false.

Business

One of the reasons insurance is so expensive is due to the expense of developing, testing and verifying new drugs. This cost is passed on to consumers

Indicate whether this statement is true or false.

Business