Limited liability is:
a. a disadvantage to the corporate form of organization b. a clever economic strategy
c. an incentive for governments to lower sales taxes for corporations d. a driving force behind the trend of businesses moving overseas
e. none of the other choices are correct
e
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Which of the following statements is correct regarding partnerships?
A) Accounting for a partnership is similar to accounting for a corporation. B) If the partnership assumes a liability related to an asset invested in the partnership, the partner's capital account is credited and a liability account is debited. C) It is necessary to maintain separate Capital and Withdrawals accounts for each partner. D) All of these choices.
Yield management systems (YMS) were first used by Internet service providers.
Answer the following statement true (T) or false (F)
Net profit after taxes per dollar of equity capital is a basic measure of bank profitability called
A) return on assets. B) return after taxes. C) return on equity. D) equity multiplier.
Since the features and functions of complex products like CRM or ERP are not easy to identify, ________ is a major task when implementing enterprise systems.
A. data tunneling B. data duplication C. gap identification D. virtualization E. encapsulation