The three major forms for documenting the ideas, information, and quotations of other people in a report are endnotes, footnotes, or author-date references

Indicate whether the statement is true or false


True

Business

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Which of the following is not true?

a. Acquisition cost for a merchandising firm includes the costs incurred to purchase and transport the inventory prior to sale. b. Acquisition cost for a manufacturing firm includes the direct material, direct labor, and manufacturing overhead cost to produce the inventory. c. If the market values of inventory items decline below acquisition cost prior to sale, firms must reduce their balance sheet carrying values using the lower of cost or market method. d. U.S. GAAP uses a combination of replacement cost and net realizable values to measure market value. e. U.S. GAAP and IFRS permits firms to remeasure inventories upward when market value exceeds acquisition cost.

Business

A medium that appeals to a large geographic audience may have substantial waste for a local retailer

Indicate whether the statement is true or false

Business

Res ipsa loquitur makes it easier for the defendant to prevail in a negligence action

a. True b. False Indicate whether the statement is true or false

Business

Outcomes such as reliability, defect levels, setup times, time to market, and productivity would be considered ________ outcomes

A) customer-focused B) workforce-focused C) product and process D) leadership and governance

Business