A low cost leader is a firm that competes by achieving lower margins due to a higher cost basis

than rivals.

Indicate whether the statement is true or false

FALSE

Business

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Taking any 24-hour approved continuing education course will meet the 3-year requirement.

a. true b. false

Business

Pursuant to federal securities laws, an audit must be performed by a certified public accountant (CPA) who works closely with the company in the capacity of a chief executive officer (CEO) or a chief financial officer (CFO)

Indicate whether the statement is true or false

Business