What theory implies that you should allow another firm to perform work activities for your company if that company can do it more productively than you can?
A) theory of competitive advantage
B) theory of core competencies
C) theory of comparative advantage
D) theory of outsourcing
E) theory of offshoring
C
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Rose and Irene each have a 50% interest in a partnership that started business on July 1. Rose uses a calendar year, while Irene has a fiscal year ending November 30. Which of the following is true?
A. The partnership may also use the calendar year because at least 50% is owned by a calendar-year taxpayer. B. The partnership must use the fiscal year ending November 30 because it results in a deferral of 11 months. C. The partnership must use the fiscal year ending November 30 because it results in a deferral of 1 month. D. The partnership may use either the calendar year or fiscal year ending November 30 because each partner owns an equal percentage.
Correlation is a measure of the relationship between two series of numbers
Indicate whether the statement is true or false.