The accounting concept that requires financial statement information to be supported by independent, unbiased evidence is:
A. Time-period assumption.
B. Objectivity principle
C. Business entity assumption.
D. Going-concern assumption.
E. Revenue recognition principle.
Answer: B
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Which of the following statements is not true about strategic human resource management?
a. The core HR functions should be consistent with business strategy and objectives b. The core HR functions can be transposed onto the formulation stage of business strategy to help the organization meet its strategic objectives c. The core HR function should formulate and drive the business strategy d. The core HR function can be transposed onto the implementation stage of business strategy
Dividing stockholders' equity applicable to common shares by the number of common shares outstanding yields the book value per common share.
Answer the following statement true (T) or false (F)
Facebook's IPO was:
a. The third largest in Wall Street history. b. A fraud. c. Issued without registration. d. Postponed indefinitely.
Which of the following is best defined as a group whose presumed perspectives or values are used by an individual as the basis for his or her judgments, opinions, and actions?
A. cultural sect B. alpha-consumer group C. focus group D. demographic group E. reference group