Answer the following statements true (T) or false (F)
Under SFAS No. 13, payments on capital leases are separated into the equivalent of principal and interest each period.
ANSWER: T
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To improve control and efficiency, new systems development and program maintenance should be performed by the same individual or group
Indicate whether the statement is true or false
An increase in the use of technology has caused
a. fewer costs to be susceptible to short-run control. b. companies to be more flexible in responding to changing short-term conditions. c. managers to be less concerned about capacity utilization because of the increased ability to produce in large quantities. d. a decline in the amount of fixed costs in an organization.
As our nation becomes more ________ and we increasingly interact with other nations around the globe, it is imperative that public administrators become culturally competent so as to better understand and serve the changing needs of communities and citizens.
A) Diverse B) Undemocratic C) Democratic D) Authoritative
The objective of profit maximization is rarely operational because its achievement is difficult to measure.
Answer the following statement true (T) or false (F)