Non-financial performance measures (NFPMs) are better than financial measures in that NFPMs
a. provide a better indication of customer satisfaction.
b. may better predict the direction of the future cash flows.
c. directly measure how well an organization does those things that create shareholder value.
d. All of the above.
d
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For which of the following conditions will the lessor classify a capital lease as a sales-type capital lease??
A) ?The present value of the minimum lease payments is equal to 90% or more of the fair value. B) ?The fair value of the lease property is greater than its cost. C) ?The lease term is equal to 75% or more of the estimated economic life of the leased property. D) ?The collectability of the minimum lease payments is reasonably assured.
A Japanese corporation owned by 11 U.S. individuals cannot be treated as a controlled foreign corporation for U.S. tax purposes.
Answer the following statement true (T) or false (F)
The final task in the third phase of the writing process is evaluating your message to decide whether it accomplishes your goal
Indicate whether the statement is true or false
The indirect method for computing and reporting net cash flows from operating activities involves adjusting the net income figure to obtain net cash provided or used by operating activities.
Answer the following statement true (T) or false (F)