Generally Accepted Accounting Principles, developed by the Financial Accounting Standards Board, provide procedures and guidelines to be followed in the accounting and reporting process

Indicate whether the statement is true or false


true

Business

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Forces promoting global integration include ________

A) strong local preferences B) heterogeneous demand C) local standards and barriers D) strong consumer resistance to foreign goods E) capital-intensive production

Business

You have been working at your job for over a year. Your boss starts offering you new assignments with weekly meetings in order to exchange valuable information regarding the tasks. The result is that you and your boss are able to redefine your working relationship and find new ways of relating. According to the LMX theory, you are now in a ______ role.

A. tested B. mixed C. scripted D. negotiated

Business

A company purchased equipment and signed a 7-year installment loan at 9% annual interest. The annual payments equal $9,000. The present value for an annuity (series of payments) at 9% for 7 years is 5.0330. The present value of 1 (single sum) for 7 years at 9% is 0.5470. The present value of the loan is:

A. $4,923. B. $63,000. C. $45,297. D. $9,000. E. $16,453.

Business

When you use your e-mail program's auto-responder function to ensure that all e-mails received during your absence are replied to, customers infer that your organization is not simply ignoring their message

Indicate whether the statement is true or false

Business