The letter or memo of transmittal for a report contains a brief statement of the general purpose of the report
Indicate whether the statement is true or false
TRUE
The letter or memo of transmittal usually contains information such as a reference to the
person who authorized the report, a brief statement of the general purpose of the report, and
appropriate statements of appreciation or acknowledgment.
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For a core competence to be a viable basis for the corporation strengthening a new business unit, there are three requirements. Which one of the following is not one of these requirements?
A. The collection of competencies should be unique, so that they cannot be easily imitated. B. The competence must help the business gain strength relative to its competition. C. The new business must have an established large market share. D. The new business must be similar to existing businesses to benefit from a core competence.
Formulate the objective function and constraints for this scenario
Zevon Enterprises provides services for clients worldwide and to protect all parties to this course as well as Zevon, we shall refer to those services as X1, X2, and X3. Each of these services has its own special mix of needs for the resources the company has at its disposal. The X1 product requires three lawyers, seven guns, and $6,000; the X2 product requires two lawyers, five guns, and $4,000; and the X3 product requires four lawyers, six guns, and $7,000. Zevon has access to 5,000 lawyers, 10,000 guns, and $15,000,000. For ease of conversation, Zevon employees usually speak about dollars as "per thousand" so one of them asking for $7 means that they really need $7,000. Zevon's demand is variable depending on what they charge for it. For example, the X1 product's demand is 200 - 2.25p1. The demand for X2 is 300 - 3p2, and the demand for X3 is 400 - 3.5p3. The per unit profit forX1 through X3 can be calculated by subtracting the per unit cost from the sales price, so for X1, the profit is p1 - 2.25, for X2 the profit is p2 - 3, and for X3 the profit is p3 - 3.5.
The periodic order quantity (POQ) rule tends to keep more inventory on hand than the lot-for-lot rule, but less inventory on hand than the fixed order quantity rule
Indicate whether the statement is true or false
A decedent's transfer of $10,000 to a trustee, to be held in trust for A, will fail to create a valid trust if: __________
A) it was not supported by consideration. B) the trustee lacks capacity. C) A is not a family member of the decedent. D) the trustee had no opportunity to renounce the trust.