Future oriented cultures tend to take a long-term orientation that ties the present to the past and future.

a. true
b. false


b. false

Business

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With companies facing global competition, firms are recognizing that their most important asset is:

a. inventory b. employees c. cash d. a happy customer

Business

Under the indirect method, the change in each balance sheet account is either added to or subtracted from the beginning cash balance to determine the net cash flow from operating activities

Indicate whether the statement is true or false

Business

What item below is the absence of any consequences, which reduces the likelihood that the behavior will be repeated in the same or similar situations?

A. positive reinforcement B. punishment C. negative reinforcement D. extinction

Business

An advantage of using the periodic inventory system is that it requires less recordkeeping than the perpetual inventory system

Indicate whether the statement is true or false

Business