The performance formula is ______.
a. performance = motivation + ability + resources
b. performance = effort x ability x resources
c. performance = motivation x ability x resources
d. performance = motivation x effort x talent
c. performance = motivation x ability x resources
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The income statement approach to measuring income tax expense
a. is required by FASB Statement No. 109 . b. compares revenues and expenses recognized for book and tax purposes, eliminates permanent differences, and computes income tax expense based on book income before taxes excluding permanent differences. c. computes income tax expense as a difference between the tax basis of an asset or a liability and its reported amount in the [balance sheet] that will result in taxable or deductible amounts in some future year(s) when the reported amounts of assets are recovered and the reported amounts of liabilities are settled. d. is required by IAS 12.
If the indirect method is used to prepare a statement of cash flows, which of the following would be added to net income to arrive at net cash flows from operating activities?
a. Decrease in accounts payable b. Increase in inventory c. Decrease in prepaid expenses d. Increase in accounts receivable
Which of the following is not true regarding the approach to design that promotes cross-functional participation in the design stage?
A. It may involve customers in the design process. B. It takes a sequential approach to design. C. It has been called "concurrent engineering." D. It helps to identify many of the potential sourcing, manufacturing, and other difficulties associated with a particular design.
Gulf Bank receives a check drawn by Hayward.The check is re¬ceived af¬ter the established "cutoff" hour. Payment can be postponed without dishonor
a. indefinitely. b. under no circumstances. c. for thirty days. d. until the following business day.