Which of the following fundamental qualitative characteristics may have to be sacrificed in order to achieve timeliness?
A) relevance
B) verifiability
C) comparability
D) predictive value
B
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Innovate Company borrowed on a one-year, 10%, $150,000 note on May 1, 2014 with interest and principal to be paid at maturity. How much interest should Innovate Company report on its income statement for the year ending December 31, 2015?
a. $ 10,000 b. $ 15,000 c. $ 30,000 d. $ 5,000
The maximum number of customers who can enter the market given a specific served market definition is known as ________
A) market penetration B) market potential C) rate of entry D) current market demand E) market diversification
Hiring of external candidates, as opposed to internal ones, can:
A) reward contributions of current staff. B) prove to be highly cost effective. C) simplify matching performance with criteria. D) help meet the company's diversity goals. E) reduce the time span of the hiring process.
In the United States, there are two major political parties whose members disagree with each other on a variety of issues. Both Republicans and Democrats view one another as being part of a(n) ________ group.
A. dissociative B. aspiration C. associative D. involvement E. reference