Under the perpetual method, cost of goods sold is not recorded until the end of the year
Indicate whether the statement is true or false
F
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Which of the following is a requirement for a corporation to be labeled a B Corporation by B Lab?
a. at least 120 points scored on a 200-point ethics scale b. written plans to take shareholder interests into account c. written plans to take stakeholder interests into account d. no detected problems in the company’s history, as determined through a background check
________ is the process by which organizations adjust the supply of their services in an attempt to match demand
A) Disintermediation B) Capacity management C) Total quality management D) Just-in-time management E) Augmented service management
Financial statements prepared using generally accepted accounting principles:
A) use historical costs and are not adjusted for the effects of increasing prices. B) use historical costs and are adjusted for the effects of increasing prices. C) use market-based costs and are adjusted for the effects of increasing prices. D) use market-based costs and are not adjusted for the effects of decreasing prices.
In Summers v. Earth Island Institute, where the decision of the Forest Service to sell burned timber on 238 acres without preparing an environmental impact statement or formal notice of the sale was challenged as a violation of the Forest Service Decisionmaking and Appeals Reform Act, the Supreme Court held that since the:
a. Forest Service is exempt from most judicial review, the plaintiffs could only challenge the Forest Service's decisions in certain states b. Forest Service is exempt from all judicial review, the plaintiffs could not challenge Forest Service's decisions in court c. plaintiffs could not demonstrate standing, they could not challenge the Forest Service's actions in court d. plaintiffs could only demonstrate standing, they could not challenge the Forest Service's actions in court e. plaintiffs could demonstrate standing, they could challenge the Forest Service's actions in court