Public higher education institutions typically report as special-purpose entities engaged in governmental and business-type activities or in governmental-type activities only.
Answer the following statement true (T) or false (F)
False
Most public colleges and universities report as special purpose governments engaged in business-type activities.
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Answer the following statements true (T) or false (F)
1. One of the reasons a process may need to be reexamined once it has been implemented is that the product is not selling well. 2. Value stream mapping assesses the time taken for each step in the value stream. 3. Potential for outsourcing needs to be considered in offering a service. 4. The volume of service is low for mass services. 5. A goal for manufacturers in designing their individual internal processes is to provide locations most convenient for the manufacturers.
During the taking of a physical inventory on December 31, 2012, inventory was counted as $100,870 instead of the correct amount of $100,780 . The effect of the error on the December 31, 2012 balance sheet and income statement will be: Ending inventory will be ________; ________ will be overstated
a. understated; cost of merchandise sold b. overstated; cost of merchandise sold c. overstated; net income d. understated; gross profit
The GLOBE study found some leader behaviors to be nearly universally desirable.
a. true b. false
It was tough to be optimistic, but the cold, calculating father did exactly that, inspired by a particularly smooth single malt scotch. Which alternative would be the best choice given this rare state of optimism?
The cold, calculating father did exactly that when examining the 27 year old failure to launch man child that had turned his walk in closet into a bedroom. As he saw it, there were five alternatives; each had its advantages and disadvantages, and under different circumstances, each had a different financial incentive. He laid it all out neatly in a table, but as not to arouse suspicion, he left the table's labels very generic, so the alternatives were simply labeled A through E while the different circumstances were simply numbered one through three. He flicked the gray ash off of his favorite purple smoking jacket and pondered the best course of action under each possible future. It was good to be devious, he decided. One Two Three A 19 6 20 B 26 5 48 C 24 18 17 D 43 34 15 E 36 34 15 A) A B) B C) C D) D