One problem associated with using accounting measures to evaluate divisional performance is the measures are based on historical information.

Answer the following statement true (T) or false (F)


True

Historical costs may not reflect current conditions. 

Business

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Network IT changes the way that work is performed and decisions are made.

Answer the following statement true (T) or false (F)

Business

If free trade and greater international economic integration can improve the economic well-being of any nation that adopts free trade and free market policies, it follows that these policies can improve the economic well-being of all countries.

Answer the following statement true (T) or false (F)

Business

Data fields are in ________ and records are in _______.

a) columns; columns b) rows; columns c) rows; rows d) columns; rows e) None of the above

Business

Hannah's alterations business works around the needs of the customer by providing hours of operation that vary throughout the week, including some evening and weekend hours. It could be said that Hannah's business is ________.

A. market oriented B. customer-centric C. socially responsible D. product oriented E. differentiated

Business