A disadvantage of the corporate form of business organization is that corporate income is taxed twice.

Detailed images that look fine on a printed page are well suited for presentation slides.

A limited partnership and a limited liability partnership refer to the same type of business organization.

Matamoros, Inc., manufactures and sells two products: Product D7 and Product J3.Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity: If the company allocates all of its overhead based on direct labor-hours using its traditional costing method, the overhead assigned to each unit of Product J3 would be closest to:

A) $185.78 per unit
B) $511.56 per unit
C) $540.89 per unit
D) $125.23 per unit

Which of the following statements about intangible assets is true?

A) Intangible assets can influence a firm's profitability.
B) Intangible assets are comparatively social in nature.
C) Intangible assets can be just as valuable as tangible assets.
D) Intangible assets can influence a firm's ability to innovate and change.
E) All of these statements are true.

Activities that focus on establishing the business, getting customers and finding financing occur in the __________ stage of the life cycle of entrepreneurial organisations.

A) birth
B) decline
C) maturity
D) breakthrough
E) growth

Antitrust laws give the Justice Department the authority to challenge potential mergers between companies in an effort to safeguard society from monopoly power.

A promise made in return for an act or event that has already taken place is fully enforceable.