The law gives you the right to one free credit report each year
Indicate whether the statement is true or false.
TRUE
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Defensive strategic market plans are strategies that ________
A) have a 3- to 5-year time horizon B) require investment in order to produce sales growth C) are not particularly effective at growing sales revenue D) limit short-run profit performance E) improve the long-run share position
For various reasons, a single economic entity may exist in the form of a parent and several legally separate subsidiaries, often referred to as an affiliated group. Which of the following is/are true?
a. A consolidation of the financial statements of the parent and each of its subsidiaries presents the results of operations, financial position, and cash flows of an affiliated group of companies under the control of a parent as if the group of companies composed a single entity. b. The parent and each subsidiary are legally separate entities that operate as one centrally controlled economic entity. c. Consolidated financial statements generally provide more useful information to the shareholders of the parent corporation than do separate financial statements for the parent and each subsidiary. d. all of the above e. none of the above
Mistakes in clerical or mathematical errors that are not the result of gross negligence are considered unilateral mistakes
Indicate whether the statement is true or false
Redundancy refers to ______.
a. the duplication of critical components such that the duplicate systems operate in parallel to the original components b. the duplication of components across the entire system such that each component in the system is duplicated c. the creation of a second system to mimic the first system if every component of the first system should fail d. the creation of unnecessary backup systems to provide a level of operational reliability that is not really required