Markov Analysis always results in a steady state

An advisory board differs from a corporate board of directors, because ________

A) an advisory board has legal responsibilities B) you don't have to incorporate to establish an advisory board C) you usually require high amounts of financial compensation to consult an advisory board D) members of an advisory board lack subject-area expertise E) advisors are required to obtain certification from SBA

Which of the following is a CORRECT statement regarding intangible assets?

A) The useful life of a patent can be longer than its legal life. B) Copyrights do not protect computer software programs. C) Trademarks are rights to reproduce and sell a work of art. D) Intangible assets with indefinite lives must be checked annually for any loss in value.