What are the advantages of text messaging in emergency situations?
What will be an ideal response?
Texting can help assist in emergency situations and disaster recovery since people carry their phones wherever they go. They can be used when official communications on television or radio are sparse and unreliable. Text messages also multiply the power of informal networks by allowing users to broadcast information not yet available through traditional means. The features of texting make it extremely valuable for real-time micro-coordination, letting people know where and when activities are to be held.
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Using the straight-line method to amortize patents is an application of expense recognition using
A) cause and effect B) a systematic and rational allocation over time C) immediate consumption D) the percentage-of-completion method
Which of the following types of stock has less investment risk?
A) common stock B) par value stock C) no-par stock D) preferred stock
The 12-month period that ends when a company's sales activities are at their lowest level is called the:
A. Calendar year. B. Natural business year. C. Interim period. D. Accounting period. E. Fiscal year.
List three questions managers should consider when deciding whether to drop a product or a business segment.
What will be an ideal response?