A disadvantage of line structures is that they

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require managers to possess a wide range of knowledge and skills.

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How does that amortization of tax-deductible goodwill affect the computation of a parent company's income taxes?

A) it is a deductible expense only if the parent owns at least 80% of subsidiary's voting stock B) it is deductible only as impairments are recognized C) it is a deductible item over a 15-year period D) it is deductible only if a consolidated tax return is filed.

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What is the difference between catalogs and direct mail?

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