The UCITA does not cover licenses of information for traditional copyrighted materials, such as books or magazines
Indicate whether the statement is true or false
TRUE
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Long-lived assets that are intangible in nature, used in the operations of the business, and not held for sale in the ordinary course of business are called fixed assets
Indicate whether the statement is true or false
Changes in which of the following accounts must be examined to calculate financing cash flows?
a. Equity and non–cash assets b. Current assets and current liabilities c. Short–term and long term liability d. Equity and long–term liability
Answer the following statement(s) true (T) or false (F)
1. The amount of funds necessary to finance the operation is called the capital requirement. 2. Many entrepreneurs prefer to work for someone else for a while to learn how an industry operates or to learn how to manage other people. 3. Most of the businesses in the United States are sole proprietorships. 4. It is difficult to dissolve a sole proprietorship. 5. Perhaps the chief advantage of a sole proprietorship is unlimited liability.
The International Trade Administration (ITA) offers assistance and information to help exporters.
Answer the following statement true (T) or false (F)