A business that relies on learning effects to achieve their strategic objectives is most likely in a ________ volume ________ variety production sector
Fill in the blanks with correct word
high, low
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One criteria that must be satisfied for a firm to recognize an obligation is that the transaction or event giving rise to the obligation has already ____________________
Fill in the blank(s) with correct word
Answer the following statements true (T) or false (F)
1. If a contingency is remote, the company does not need to record a liability and does not need to disclose it in the notes to the financial statements. 2. A contingency was evaluated at year-end and considered to have a remote possibility of becoming an actual liability. If this is not reported on the balance sheet or in the notes to the financial statements, it could be considered a violation of generally accepted accounting principles. 3. A contingency was evaluated at year-end and considered to have a reasonable possibility of becoming an actual liability. If this was not reported on the balance sheet or in the notes to the financial statements, it could be considered a violation of generally accepted accounting principles. 4. Contingencies that are reasonably possible have a greater chance of occurring but are not likely. 5. Contingencies that are reasonably possible are not described in the notes to the financial statements.
To increase its "share of customer," a firm concentrates on retaining as many customers as possible over its lifetime
Indicate whether the statement is true or false
Employment trends in public relations indicate that ________
A) hiring of people from diverse cultures has decreased in the last decade B) entry-level practitioners frequently earn more than $100,000 per year C) fewer women than men are entering the field D) the long-term future of public relations appears to be steady and strong