Which of the following terms describes the presumption that a firm will remain in operation long enough to carry out its current plans, and will, in the normal course of its operations, realize changes in the fair values of its assets either by using those assets or selling them?
a. going concern
b. relevance
c. reliability
d. recognition
e. realization
A
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Answer the following statements true (T) or false (F)
1. We should disregard our own person code of ethics when giving speeches. 2. It unethical to intentionally deceive your audience in order to obtain your objectives. 3. After a speech, speaker and receivers evaluate one another’s behavior, their own behavior, and the likely consequences of their behavior.
Which of the following statements about bullying in the workplace is accurate?
a. Roughly 10 percent of the U.S. workforce reports having been bullied by a coworker or manager. b. High social dominance orientation suggests that an employee will be able to stand up to bullying in the workplace. c. The most common form of reported workplace bullying was pressure to commit an unethical act. d. Innate bullying tendencies are often linked to sexist beliefs.
Benchmarking against noncompetitors is extremely important in
a. process benchmarking. b. results benchmarking. c. reverse engineering. d. all of the above.
Describe the process for becoming a tax-exempt organization. Why do you believe it is important for an accountant to understand this process?
What will be an ideal response?