If the calculated value of the test statistic is smaller than the critical value of the test statistic, the null hypothesis is rejected

According to the Committee for Economic Development, the intermediate circle of societal expectations outlines the newly emerging responsibilities that business should assume to improve the social environment, even if they are not directly related to specific business processes.

a. true b. false

In the event of bankruptcy, preferred stockholders and common stockholders have the same claim on the firm's assets

Indicate whether this statement is true or false.