Give the major disadvantage of disregarding the cost concept and constantly revaluing assets based on appraisals and opinions
Accounting reports would become unstable and unreliable.
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In fall 2002, a new Broadway production of Puccini's La Boheme was set in Paris circa 1957. The stage set included billboards for luxury pen maker Montblanc and Piper-Heidsieck champagne. This is an example of:
A) consumer sales promotion. B) sampling. C) product placement. D) trade sales promotion. E) global awareness.
If the same sampling procedures are used in each country, the results should be comparable
Indicate whether the statement is true or false
A petty cash fund is used to pay relatively large amounts
Indicate whether the statement is true or false
Which of the following is a capital budgeting method?
A) return on assets B) net present value C) inventory turnover D) return on equity