An awareness of the knowledge, skills, and abilities of individual team members refers to the group’s:
a. Transactive memory
b. Mental model
c. Group process
d. Cohesion
a. Transactive memory
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Activities between affiliated entities such as subsidiaries must be disclosed in the financial statements of a corporation as
A) segment analysis. B) significant events. C) related party transactions.. D) contingent activities.
Jones Company presents the following data for 2012. Receivables, less allowance for losses and discounts of $12,196 $ 266,700 Net Sales 2,360,108 Cost of Goods Sold 1,580,360 The days' sales in receivables is
a. 53.1. b. 48.2. c. 43.1. d. 38.1. e. 40.0.
In calculating the depletion of a natural resource, its useful life in years is irrelevant
Indicate whether the statement is true or false
Which of the following is/are not true?
a. U.S. GAAP and IFRS do not permit the employer to prepare consolidated financial statements with the retirement trust. b. The employer must report the net funded status of each defined benefit retirement plan (that is, the fair value of retirement trust assets minus the retirement trust obligation) as a retained earnings reserve on its balance sheet. c. The employer must report the net funded status of each defined benefit retirement plan and credit (for an overfunded plan) or debit (for an underfunded plan) is to Other Comprehensive Income. d. Notes to the financial statements provide information about investments made by the retirement trust and how trust assets and liabilities changed during a period. e. all of the above