The technical section of the proposal is to convince the customer that the contractor

a. is charging a price for the proposed project that is reasonable and realistic.
b. understands the need or problem and can provide the least risky and most beneficial solution.
c. can do the proposed work and achieve the intended results.
d. knows the technical terms and can follow the correct techniques to solve the problem.


b

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The cash flow from operations to capital expenditures ratio measures a company's ability to

a. use operations to finance its acquisitions of productive assets. b. use cash flows from capital expenditure transactions to maintain working capital. c. increase its capital expenditures as a result of profitable operations. d. pay its current bills from profits made using productive assets.

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Which of the following accounts probably would be greater in amount on an adjusted trial balance than on a trial balance?

A) Wages Payable B) Unearned Revenue C) Prepaid Advertising D) Painting Supplies

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Which of the following statements is NOT CORRECT?

A. The expected return on a corporate bond must be less than its promised return if the probability of default is greater than zero. B. All else equal, senior debt has less default risk than subordinated debt. C. A company's bond rating is affected by its financial ratios and provisions in its indenture. D. Under Chapter 11 of the Bankruptcy Act, the assets of a firm that declares bankruptcy must be liquidated, and the sale proceeds must be used to pay off its debt according to the seniority of the debt as spelled out in the Act. E. All else equal, secured debt is less risky than unsecured debt.

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The corporate alternative minimum tax was designed to insure that corporations with substantial economic income paid their fair share of the federal tax burden.

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

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