All of the following are independent contractors that entrepreneurs use on a regular basis EXCEPT

A. consultants.
B. employee leasing firms.
C. manufacturers.
D. distributors.
E. advisory boards.


Answer: E

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Which of the following statements about the visual-fit method is (are) true? I.The method results in the creation of a scatter diagram. II.The method is not totally objective because of the manner in which the cost line is determined. III.The method is especially helpful in the determination of outliers. 

A. I only. B. II only. C. I and II. D. I and III. E. I, II, and III.

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Because a mutual fund is already diversified with perhaps 100 or more different investments, further diversification is not recommended or necessary

Indicate whether the statement is true or false.

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The standard deviation of p is also called the ____________________ of the sample proportion

Fill in the blank(s) with correct word

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Glen owns a building that is used in business. The building is worth $200,000, but is subject to a mortgage of $40,000. Glen's basis in the building is $120,000. Glen exchanges the building for investment land worth $150,000 plus $10,000 cash. In addition, the other party assumes the mortgage which will be held for investment. Glen must recognize a gain of

A) $0. B) $10,000. C) $50,000. D) $80,000.

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