Companies value-to-book and market-to-book ratios may differ due to accounting reasons. An example of an accounting reason that would create a difference is
a. accelerated methods of depreciation.
b. investments in successful research and development programs that are expensed according to conservative accounting principles.
c. using LIFO versus FIFO for inventory.
d. high operating leverage.
B
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Which of the following is NOT true of judicial review?
What will be an ideal response?
Business process reengineering is a tool for
A. radically redesigning and streamlining how an activity (workflow) is performed, by pulling the pieces of strategy-critical activities out of different departments and unifying their performance in a single department or cross-functional work group. B. the rapid redesign of an organization's structure so as to quickly create organizational competencies and capabilities. C. instituting total quality management. D. expediting the redesign of existing products and shortening the design-to-market cycle. E. making the most effective use of Six Sigma techniques.
RICO provides for criminal penalties, but contains no provision for civil penalties
a. True b. False Indicate whether the statement is true or false
Under the percentage of completion method, gross income is reported
7) Under the percentage of completion method, gross income is reported A) when the contract is completed. B) using a percentage that is determined by dividing current year costs by the expected total revenue. C) based on the portion of work that is incomplete. D) based on the portion of work that has been completed.