Which of the following is not true regarding accounting estimates?
a. Accounting estimates are based on management's knowledge and experience of past and current events.
b. Accounting estimates are based on management's assumptions about conditions that are expected to exist and courses of action the company expects to take.
c. Accounting estimates are based on both subjective and objective factors
d. Because accounting estimates are based, in part, on management's knowledge and experience, they are not biased.
d
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Which of the following statements is true?
A. The yield curve slopes downward when the term spread is positive. B. Researchers suggest that the smaller the term spread, the higher the chance is of a recession in the coming year. C. The yield curve slopes upward when the term spread is negative D. Researchers suggest that the larger the spread, the higher the chance is of a recession in the coming year.
Seeking power in negotiation usually arises from one of two perceptions: either the negotiator believes they currently have ________ power than the other party, or the negotiators believes they need ________ power than the other party to increase the probability of securing a desired outcome.
Fill in the blank(s) with the appropriate word(s).
Which of the following is the goal of the team-based new product development approach when it uses cross-functional teams that overlap the steps in the process?
A) gain a big competitive edge by getting the right new products to market B) save time and increase effectiveness C) increase production efficiency and customer satisfaction D) speed product distribution to market and reduce costs E) reduce organizational tension and confusion
If past experience reveals that 1 person out of 10 will buy a product, then 50 sales calls could result in five sales. This is an example of:
A. center of influence. B. cold canvassing. C. endless chain referral method. D. networking. E. one-to-one referral method.