Because only the largest and most creditworthy companies are able to use commercial paper, the

interest rate on commercial paper is generally lower than the prime rate.

Indicate whether the statement is true or false

TRUE

Business

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________________a formal process in which top executives regularly review all managers at or above a certain hierarchical level, looking at both performance and potential, and devise developmental plans for their most promising individuals

a. Performance appraisal b. People alignment c. Job rotation d. Succession planning e. none of the above

Business

The legal structure you decide on will affect the taxes you pay. However, certain administrative tasks will be the same for all legal structures and include ________

A) Obtaining a federal identification number for the company that you can use in all interactions with the federal government B) Obtaining a sales and use tax registration number from the state C) Both A and B D) Filing articles of incorporation E) None of the above

Business