A company uses the same depreciation method as other firms in the same industry. Because of this, investors will have enhanced comparability of the financial reporting results
a. True
b. False
Indicate whether the statement is true or false
True
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The following set of items describes activities completed by a company in collecting cash for merchandise sales. For each activity, identify whether or not the activity adheres to or violates sound internal control procedures. A single employee in the mailroom opens the mail, counts the money received, and prepares a control list of the amount received
a. Adheres to sound internal control procedures b. Violates sound internal control procedures c. Neither strengthens nor violates internal control
The top management at Lion Manufacturers decides to search its employees on the job. However, Rajat, Lion's HR manager, believes that it could generate privacy issues. Which condition would strengthen Rajat's belief and maximize the likelihood of a lawsuit?
A. if the search includes random legal and permissible searches of desks, lockers, and toolboxes B. if the search is done after asking for the employees' consent C. if the search policy is publicized and applied and carried out consistently D. if the search involves communications, such as e-mails, that are searched without probable cause E. if the search is a random check, and it is clarified that no one has been accused of misdeeds
Review the following diagram. Which answer provides the best interpretation of the multiplicities for the association between the Sunset Partners and Supplier Categories classes?
A. Each supplier category is managed by several partners. B. Each supplier is linked to one partner. C. Each partner can be assigned to manage many supplier categories. D. Each partner can only purchase products from one supplier category.
When a firm cannot conduct an entire marketing research project in house, it must select an external supplier for one or more phases of the project
One of the things that the firm does not need to consider or do when selecting an external research supplier is ________. A) compile a list of prospective suppliers B) realize that the cheapest bid is not always the best bid C) develop criteria for selecting an outside supplier D) All of the above must be considered or done.