The current portion of long-term debt is classified as a current liability only if it is due within the next year and is to be paid from current assets
Indicate whether the statement is true or false
True
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When a fiscal year that starts and ends at the time the stock of merchandise is normally at its lowest level is selected, it is known as a(n)
a. natural business year. b. calendar year. c. base year. d. accounting cycle.
During Lewin's changing stage, managers should
A. reduce the barriers to change. B. make employees dissatisfied with the present situation. C. reinforce the desired change. D. give employees new information, perspectives, and models for behavior. E. encourage employees to exhibit the new change.
Restitution can be made by conveying a cash equivalent if the goods or property have been
consumed or are otherwise unavailable. Indicate whether the statement is true or false
Any word, name, symbol, or device used in business to identify and promote a product is called a ______.
a. trademark b. copyright c. brand d. patent