The homeowner lusted over a 36,000 BTU oven in his dream kitchen, but his contractor got a deal on a 20,000 BTU oven and installed it without a peep. Thanks to:
A) Acquisition controls, the homeowner ended up with the right oven.
B) Specification controls, the homeowner ended up with the right oven.
C) Design controls, the homeowner ended up with the right oven.
D) Oven controls, the homeowner ended up with the right oven.
B
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Which of the following statements is true about social media?
A. It is considered to be the most expensive means of getting information out. B. It provides a wealth of opportunity for companies that want to share their message about products and services with the world. C. It always leaves a negative impact on the company's image since employees discuss their job, talk about issues, and vent their frustrations. D. It is currently the least preferred medium of marketing for companies.
Which of the following is most likely to be considered an action team?
A. A group of scientists working on a new cancer drug. B. All workers on the night shift of a plastics manufacturing facility. C. An advisory council on teacher development for a school district. D. An airline cockpit crew. E. An information-technology improvement task force.
When a 5% stock dividend is declared, which account is debited?
A) Common Stock—Par Value B) Common Stock Dividend Distributable C) Stock Dividends D) Paid-In Capital in Excess of Par—Common
Which of the following is true regarding the deferral of sale profits on a sale-leaseback under IAS 17, "Accounting for Leases?
a. Any profit on a sale-leaseback resulting in an operating lease is deferred and recognized over the subsequent lease period, whereas any loss is recognized immediately. b. Both profits and losses on a sale followed by an operating lease leaseback are recognized immediately if the transaction is established at fair value. c. Profit from the sale should be deferred and amortized in proportion to the amortization of the leased asset if a capital lease results from the sale-leaseback. d. Profit from the sale should be amortized in proportion to the rental payments it an operating lease results from the sale-leaseback.