All of the following statements regarding inventory shrinkage are true except:
A) Inventory shrinkage refers to the loss of inventory.
B) Inventory shrinkage is determined by comparing a physical count of inventory with recorded inventory amounts.
C) Inventory shrinkage is recognized by debiting an operating expense.
D) Inventory shrinkage is recognized by debiting Cost of Goods Sold.
E) Inventory shrinkage can be caused by theft or deterioration.
C) Inventory shrinkage is recognized by debiting an operating expense.
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When the U.S. military contracts out security details in war zones, it is engaged in privatization.
Answer the following statement true (T) or false (F)
Both the regulatory treatment and the tax treatment of employer contributions
a. to postretirement benefit arrangements, including pensions, are jurisdiction-specific. b. differ substantially between postretirement health plans and defined benefit pension plans. c. create stronger incentives to contribute to the defined benefit pension plans than to postretirement health plans. d. all of the above e. none of the above
In a meeting to decide which color to paint the new executive offices, Macy feels like time is being wasted. All the colors are fine. She would prefer the beige, but she knows she will be fine with any of the choices. When the group decides to paint the offices taupe, she agrees. It appears Macy is using a(n) ______ conflict management style.
A. avoiding B. accommodating C. collaborating D. negotiating
In most of the significant public offerings, the company technically sells the shares to the underwriters, who then resell the shares to the public investors.
Answer the following statement true (T) or false (F)