A practical decision to expense small capital expenditures rather than record them as property, plant, and equipment and depreciate them probably is made on the basis of the convention of
a. conservatism.
b. consistency.
c. materiality.
d. full disclosure.
C
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Answer the following statements true (T) or false (F)
1. The workplace is less diverse and more complex than it was a few decades ago. 2. Technology eliminates the need for multicultural awareness. 3. Scientific management identifies the most efficient and effective manner for performing a task. 4. Gangplank theory was the first formal recognition of horizontal communication. 5. Dale Carnegie was one of the first writers to link communication skills with managerial effectiveness.
Firms account for changes in estimates, such as for depreciable lives, uncollectible accounts, or warranty cost, prospectively, in current and future periods' earnings
Indicate whether the statement is true or false
One advantage of collaborative writing is ______.
A. it is less expensive B. it creates open lines of communication C. more people can become involved in the writing process D. both it is less expensive and more people can become involved in the writing process
A writ issued by a superior court to an inferior court ordering that some act not be
done is called a writ of certiorari. a. True b. False