The rarity of strategic alliances depends solely on the number of competing firms that have already implemented an alliance

Which of the following is true of the statement of cash flows?

A) It indicates when long-term debt will mature. B) It reports on the qualitative behavior of the company's performance. C) It covers a span of time and is dated the same as the income statement. D) It shows how the profits or losses of the company were generated.

A condominium owner has a legal issue concerning compliance with the bylaws of the condominium owners' association. If the community association manager (CAM) is familiar with the bylaws the manager should:

A. Resolve the legal issue themselves. B. Seek advice from the broker. C. Seek legal ad vice directly from an attorney. D. Seek advice from another community association manager.