A long-term commitment by an organization to a partner may reduce flexibility.
Answer the following statement true (T) or false (F)
True
Although close relationships can produce benefits, they are not always best. A long-term commitment to a partner may reduce flexibility.
You might also like to view...
Which of the following items will NOT appear as deductions on a bank statement?
A) NSF checks B) EFT C) Service Charge D) Deposits
Orlov Corporation purchased 8,000 shares of Matsey Corporation common stock for $40 per share on January 1, 2009 . Matsey reported net income of $120,000 for 2009 and paid dividends of $42,000 during 2009 . As of December 31, 2009, the market value of Matsey Corporation common stock was $40 per share. Assuming the shares owned by Orlov represent 10 percent of the total outstanding stock of
Matsey, the entry to record the receipt of dividend income in Orlov Corporation's books is: a. Cash 8,000 Dividend Income 8,000 b. Cash 4,000 Dividend Income 4,000 c. Cash 4,200 Dividend Income 4,200 d. Cash 12,000 Dividend Income 12,000
The balance in the Work in Process account equals the
a. balance in the Finished Goods Inventory account. b. balance in the Cost of Goods Sold account. c. balances on the job cost sheets of uncompleted jobs. d. balance in the Overhead account.
The Fair Debt Collection Practices Act (FDCPA) is enforced by the Interstate Commerce Commission (ICC).
Answer the following statement true (T) or false (F)