If a country's economy is to sustain long-run economic growth, the business environment must be conducive to the consistent production of product and process innovations and to entrepreneurial activity

ABC Construction Company enters into a personal service contract to hire Brown, CPAs, to perform services as an independent contractor. Brown's status as an independent contractor is inconsistent with

A. Signing a contract to perform tax services for Gator Construction, Inc., a construction company in the same market. B. Outsourcing tax return preparation services to Green, CPAs, a well-respected local firm. Brown did not consult ABC about this decision. C. Signing a contract to perform consulting services for Gator Construction, Inc., a similar-sized construction company in the same market. D. Hiring a staff accountant to assist in the completion of the required services.

Companies using direct distribution for consumer products rely on low gross margins to generate the revenue necessary to compensate salespeople

Indicate whether the statement is true or false