It is possible to observe the learning process directly
Indicate whether the statement is true or false
a. True
b. False
ANSWER: False
It is not possible to observe the learning process directly, but one can infer when it has occurred by a person's actions.
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Transfer prices cannot be determined by allowing an organization's affiliates to negotiate among themselves
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. Investors and management use the statement of cash flows to evaluate a firm's profitability. 2. The statement of cash flows is the link between the accrual-based income statement and the cash reported on the balance sheet. 3. The operating activities section of the statement of cash flows includes activities that create revenue or expenses for the entity's business. 4. The financing activities section of the statement of cash flows includes paying dividends and making payments on long-term liabilities.
Airlines make use of ____________ systems, based on telephone or Web site reservations. This provides enormous cost savings for airlines because it reduces ____________
a. Ticketless; gross revenue charges b. Partial; gross revenue charges c. Ticketless; travel agent commissions d. Partial; travel agent commissions e. Ticketless; net revenue charges
A tenancy for an indefinite time period that may be terminated at any time by landlord or tenant is called a tenancy: __________
A) at will. B) for years. C) at sufferance. D) from year to year.