According to U.S. law, information is material when something is of significance to a reasonable person

Ten years ago a corporation purchased a building for $160,000. At that time, the corporation felt that the business was worth $185,000. The current market value of the business is $460,000

The building has been assessed at $435,000 for property tax purposes. At which amount should the corporation record the building in its accounting records? A) $160,000 B) $185,000 C) $435,000 D) $460,000

The gatekeeper is the individual in the business buying center who makes the eventual purchasing decision

Indicate whether the statement is true or false