Members of a limited liability company share profits:
A) according to their status (general or limited) in the firm
B) in proportion to their contribution of services.
C) in proportion to their capital contribution.
D) according to the terms of the operating agreement.
D
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One effect of recognizing depreciation is to decrease net income
a. True b. False Indicate whether the statement is true or false
Which of the following is a performance metric used to measure brand-image communications?
A) high recall of key content B) high rate of purchase C) high ad and brand recall D) response to requested action E) low ownership costs
Which of the following is not true about the FASB?
a. It considers the economic consequences of proposed accounting policies. b. It has seriously considered the question of the desirability of corporate social responsibility accounting. c. It is sensitive to whether there are sufficient benefits to external users to warrant the imposition of new accounting standards. d. The FASB has commissioned studies to aid in assessing the effects of proposed standards on firms.
In a sales presentation, your knowledge of the product's features and your company's strengths must be presented in terms of the resulting ________ to the buyer
Fill in the blanks with correct word