A limitation of using industry norms in financial performance evaluation is that some companies in the same industry may not be strictly comparable
Indicate whether the statement is true or false
True
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Capital items are long-lasting goods that facilitate developing or managing the finished products
Indicate whether the statement is true or false
Truman had total assets of $149,501,000, net income of $6,276,090, and net sales of $209,203,000. Its profit margin was 3%.
Answer the following statement true (T) or false (F)
What is the difference between a task force and an ad hoc committee?
a. Task force is permanent while an ad hoc committee is only temporary. b. Task force is temporary while an ad hoc committee is permanent. c. Task force is formal while an ad hoc committee is informal. d. There is no difference, task force and ad hoc committees are the same thing.
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Indicate whether the statement is true or false