Answer the following statements true (T) or false (F)

A chart of accounts is an example of an ordinal classification.


ANSWER: F

Business

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Yong Nam, CEO of LG, recently stipulated that Chinese would be required throughout the company. He explained that the speed of innovation that is required to compete in the world mandates that we must have seamless communication

Indicate whether the statement is true or false

Business

If a lease is structured so that the lessee pays a set rental payment each period plus an additional amount based upon usage or a change in an index, these contingent rental payments should be expensed when the contingency is likely to be met

Indicate whether the statement is true or false

Business

Which of the following is the best format when rejecting a job applicant?

A) Provide detailed explanations for the company's decision. B) Soften the sting of rejection by offering to reconsider the application at some point in the future. C) Avoid sharing any explanations for the company's decision. D) Provide detailed explanation about the qualifications of the person who was hired. E) Use an indirect format that implies future consideration.

Business

In a 2003 survey of 153 Boards of Directors, _________ considered that SOX had a postive impact on firms

a. 15% b. 60% c. 27% d. 18%

Business