Recessions and financial crises will always result in job loss.

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


False

Rationale: Recessions and financial crises affect everyone. They affect some people directly and severely through job loss; some people are marginally hurt by reduced income, while some are not directly hurt. See 1-3: From Goals to Plans: A Lifetime of Planning.

Business

You might also like to view...

Which of the following does NOT refer to an advantage of syndicated data?

A) Many client firms may subscribe to the information. B) The cost of the service is greatly reduced to any one subscriber firm. C) The quality of data is typically very high. D) The data are normally disseminated very quickly. E) The key advantage is taking advantage of the experience of the research firm offering the service.

Business

The allowance method of handling bad debts violates the matching principle

Indicate whether the statement is true or false

Business

The primary advantage of a market organization is that individual salespeople can develop familiarity with the technical attributes, applications, and most effective selling methods associated with a single product.

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

Business

Many "unsecured" loans that banks extend to small businesses require personal guarantees by the managers of the firms.

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

Business