The quality of accounting information that makes it comprehensible to those willing to spend the necessary time is consistency
a. True
b. False
Indicate whether the statement is true or false
False
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Under the Revised Uniform Partnership Act (RUPA), when a partnership that has suffered losses winds up, ________.
A. all partners are paid in full before outside creditors who loaned money are given anything B. the partners who have negative capital accounts are not required by law to contribute to the partnership the amount of the deficiency C. all partnership creditors are paid even when all the partners' capital accounts are negative D. all partnership creditors are paid first
The intent of the offeror to extend an offer to the offeree is generally determined by reference to
a. the beliefs of the offeror. b. the subjective intention of the offeror. c. the assumptions of the offeror. d. the words and conduct of the offeror.
A manufacturing work cell has a takt time of 7 minutes. Exactly 10 workers are required. Suppose that the work cell delivers 68 units each day
(a) What is the total operation time? (b) What is the amount of time worked during the day for all 10 workers combined? (c) If the plant is open for only 8 hours per day, can the staff meet demand?
Herbert uses prominent social media websites to promote his newly opened restaurant. He constantly posts promotional offers and provides coupons that customers can redeem to avail discounts when they dine in the restaurant. The opportunity of _____ is highlighted in the given scenario.
A. providing personal customer service B. using technology C. having lower labor costs D. exploiting market niches