The revenue recognition principle does not pertain to long-term contracts, franchises, commodities, and installment sales
a. True
b. False
Indicate whether the statement is true or false
False
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Groups that make it through storming generally do so because
A. they develop groupthink. B. someone wins the political battle and dominates the group. C. the work gets done. D. a respected member other than the leader challenges the group to resolve power struggles. E. the focus generally is on social loafing.
Enforcement of the ethics code is essential to be effective. Which of the following elements of compliance is not relevant?
a. Top management and their supervisors participating in the same programs as employees b. Static and not updated c. Consistency in enforcement d. Clarity of the code contents
Apollo Tires sets up a manufacturing unit in Mexico. Following this, Renault-Nissan signs a supply contract with the tire multinational. In which of the following ways is Renault-Nissan likely to gain from the pact?
A. growth potential and large size of the market B. knowledge sharing within same value chain system C. availability of natural resources at low cost D. different styles of management, organization, and strategy E. government policies in the host country
Bob and Mary own the same assets in each of their portfolios. Each has a different allocation of their investments across the various securities contained in the portfolio
The portfolios of Bob and Mary must have equal betas because they are investing in the same securities, just in different proportions. Indicate whether the statement is true or false.