If a company understates its inventory, what are the effects on cost of goods sold and net income for the current year?
A) Cost of goods sold will be understated and net income will be overstated.
B) Cost of goods sold will be overstated and net income will be understated.
C) Both cost of goods sold and net income will be understated.
D) Both cost of goods sold and net income will be overstated.
B
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Which of the following is the most appropriate way to display liabilities on the balance sheet?
A) nearness to maturity B) relative likelihood of payment C) alphabetically by payee D) All of the above answer choices are correct.
Answer the following statements true (T) or false (F)
1. Relatively few organizations use training and development as an organizational development intervention. 2. The ultimate objective of improving team dynamics is to train the group to be able to conduct process consultation as an ongoing team activity. 3. When using survey feedback to gather information from customers or employees, it’s generally a good idea to conduct surveys more than once a year. 4. The current trend is for businesses to make less use of outside consultants as change agents.
Service consumers use service environment as an important quality proxy
Indicate whether the statement is true or false
Since color is an attention getter, the skilled presenter should use as many different colors as his or her software supports
Indicate whether the statement is true or false