Financial institutions provide home equity loans up to a maximum of 70% of the value of the equity in a home

Indicate whether the statement is true or false.


Answer: FALSE

Business

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The Financial Accounting Standards Board (FASB) has expressed a strong preference for the indirect method, but allows companies to use the direct method in calculating the cash flow from operating activities

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

Business

Which of the following is NOT true of reference groups?

A) Reference groups do not carry the weight of authority. B) Consumers look to reference groups to guide their buying behavior. C) Individuals use reference groups to anchor their own beliefs and attitudes. D) Reference groups are familiar to consumers. E) Reference groups are not a recent phenomenon.

Business

Strategy analysis is the starting point of the strategic management process and consists of the

A. matching of vision, mission, and objectives with the relevant internal and external environmental factors. B. analysis only of the vision, mission, and objectives of the firm. C. analysis of relevant competitors only. D. analysis of the relevant internal and external environmental factors only.

Business

Generally, filing bankruptcy stops the collection activity of creditors

Indicate whether the statement is true or false

Business