Which of the following statements is true of liabilities?
a. Accounts payable are listed in the current liabilities section in alphabetical order by vendor.
b. Classification of current liabilities is important because of the liquidity concept.
c. Current liabilities are listed in order of decreasing amounts in the current liability section of the balance sheet.
d. The accounting principles followed in the U.S. differ from those of other countries; this is especially true for current liabilities.
b
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Martin Ortner holds a $200,000 portfolio consisting of the following stocks: Stock Investment Beta A $50,000 0.95 B 50,000 0.80 C 50,000 1.00 D 50,000 1.20 Total $200,000 What is the portfolio's beta?
A. 0.938 B. 0.988 C. 1.037 D. 1.089 E. 1.143
Communicators in ______ cultures tend to value talking as a way of controlling the communication interaction.
A. individualist B. low-context C. collectivist D. low uncertainty avoidance
A grocery store offers cans of vegetables at 10 for $10. This is most likely which of the following pricing strategies:
a. skimming b. fair pricing c. psychological pricing d. customer-led pricing
Securing the acceptance of top management is the first step in an MBO program. Which of the following is not one of the four remaining steps?
A. Establishing preliminary goals B. Having the manager and subordinate work together to determine how the subordinate can work toward accomplishing company objectives C. Conducting a periodic review D. Conducting an evaluation E. Reassigning the employee