A business implements an oblique strategy because it seeks to gain a competitive advantage with direct confrontation
Indicate whether the statement is true or false
FALSE
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Which of the following is true regarding a reactive strategy?
A) It is based on extensive customer and competitive knowledge. B) It seeks to gain a competitive advantage without direct confrontation. C) It refers to making competitive moves from an internal perspective with no real market knowledge. D) It leverages a knowledge advantage with respect to customers and competitors. E) It is an overreaction to competitor moves due to limited competitor knowledge.
An adjustment must be made at the end of an accounting period to accrue the interest expense on bonds payable and to amortize any related premium or discount from the last interest payment date to the end of the fiscal year
Indicate whether the statement is true or false
The provisions of IFRS require firms to classify marketable securities into which of the following categories except
a. held to maturity investments for which a firm has both the intent and the ability to hold to maturity—shown on the balance sheet at an amount based on acquisition cost, but subject to impairment. b. debt and equity securities held as financial assets at fair value through profit or loss, shown on the balance sheet at fair value, with changes in fair value of securities held at the end of the accounting period reported each period in net income. c. debt and equity securities held as available-for-sale financial assets, shown on the balance sheet at fair value, with unrealized changes in fair value of securities held at the end of the accounting period included in other comprehensive income, and realized changes in fair value included in net income when a firm sells the securities. d. debt and equity securities held as available-for-sale financial assets, shown on the balance sheet at fair value, with changes in fair value of securities held at the end of the accounting period reported each period in net income. e. choices a and b, only.
Which of the following statements is (are) true with regard to the use of technology in risk management programs?
I. Risk management Intranets are networks intended for an internal audience. II. Risk management information systems can be used to store and track workers compensation claims data. A) I only B) II only C) both I and II D) neither I nor II