Which of the following is not a characteristic of an independent administrative agency?

a. The members of the governing board or commission are appointed for life.
b. The agency derives power from an enabling statute.
c. The agency has powers similar to or derived from all three branches of government
d. The agency is subject to judicial review of its decisions and actions by the judiciary.


a

Business

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A company's relationship with its customers has least impact on its credibility

Indicate whether the statement is true or false

Business

Which of the following statements is true?

a. If a company reports net income on its income statement, it should report an increase in cash on its statement of cash flows. b. If a company reports a net loss on its income statement, it should report a decrease in cash on its statement of cash flows. c. If a company uses the accrual basis of accounting, it will improve its cash position if it reports net income for the same period. d. If a company uses the accrual basis of accounting, its cash balance can increase even if it reports a net loss.

Business

What does a business model describe?

a. How competitors in a market sell their products b. How a venture plans to make money c. How investors plan to make their money d. How an industry makes money

Business

Dropbox is aconsumer-focused cloud computing service that allows users to access and share documents and files.

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

Business