A contingency was evaluated at year-end
Management felt it was probable that this would become an actual liability and the amount could be reasonably estimated. If this is reported on the balance sheet, it could be considered a violation of generally accepted accounting principles.
Indicate whether the statement is true or false
FALSE
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A company using geocentric pricing neither fixes a single price worldwide, nor allows subsidiaries or local distributors to make independent pricing decisions
Indicate whether the statement is true or false
Describe the levels of service that retailers can offer. Provide an example of each type of retailer
What will be an ideal response?
Why do stores cluster together?
A) to decrease competition B) to ensure an adequate level of traffic C) to take advantage of tax breaks D) to create retailer cooperatives E) to standardize the service mix
Several employees at Lako Systems have been identified as possible candidates for a training program. The training manager is meeting with them individually to find out if they have the knowledge and skills necessary to absorb the training. At this point, the manager is attempting to determine their trainee readiness.
Answer the following statement true (T) or false (F)