Penalties exist for anyone who circumvents encryption software or other technological antipiracy protection
Indicate whether the statement is true or false
True
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Return on assets pricing has the same objective as gross margin pricing for the price determination process
Indicate whether the statement is true or false
In determining cash flows from operations under the indirect method, the adjustments to convert net income to cash flow from operations generally involve ____ the amount by which a revenue exceeds the related cash receipt for the period (such as equity method earnings exceeding dividends)
a. adding b. subtracting c. multiplying d. dividing e. cannot be determined from the information provided
Which of the following statements is not true about adjusting entries?
a. Adjusting entries must be both journalized and posted. b. Adjusting entries are normally supported by an explanation. c. Adjusting entries are dated as of the last day of the period. d. Omission of adjusting entries will have over- or understatement impacts on the income statement but not the balance sheet.
________ is a disadvantage of secondary research, while ________ is a disadvantage of primary research.
A. Sophisticated training required to obtain it; potential bias B. Cost; outdated information C. Time required for collection; sources not original D. Potential bias; costliness E. Outdated information; information not relevant to data needs