Every business transaction is recorded by a debit to a balance sheet account and a credit to an income statement account
a. True
b. False
Indicate whether the statement is true or false
False
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Taking a physical inventory refers to making a count of all merchandise on hand at a particular time
Indicate whether the statement is true or false
In jobs where women and minorities are underrepresented in the workforce relative to their availability in the labor force, employers must establish goals and timetables for hiring and promotion.
Answer the following statement true (T) or false (F)
Under their police powers, states can regulate only public activities, such as political demonstrations
a. True b. False Indicate whether the statement is true or false
Uptown Office Systems recently underwent a reorganization. Based on customer feedback, the company eliminated many of its middle management positions and implemented a flatter structure. Which of the following is a possible drawback of this decision?
A. Employees will have less power and autonomy, resulting in a loss of morale. B. The increased span of control for remaining managers may lead to higher levels of stress and possible burnout. C. Employees will be forced to take on more specialized roles and may become bored by repetitive tasks. D. Internal communications and decision-making processes will be slower.