GAAP is the acronym for generally accepted ________ principles.
A) auditing
B) accounting
C) averaging
D) associated
B) accounting
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When closing a persuasive message for a claim or adjustment, what should be included in the message?
A) How a successful resolution will repair or maintain a mutually beneficial working relationship B) Contact information, including time when to best reach you C) An idea of the potential consequences of not coming to a mutually beneficial solution D) A specific statement of how you would like to see the issue resolved E) A complete and specific review of the facts
Income statements prepared under U.S. GAAP contain which of the following sections or categories, depending on the nature of a firm's earnings for the period?
a. income from continuing operations b. income, gains, and losses from discontinued operations c. extraordinary gains and losses d. all of the above e. none of the above
U.S. Steel Corp. is a well-known steel manufacturing company. SAMCROW, one of the customers of U.S. Steel Corp. holds an RFM score of 111. Which of the following characteristics relates SAMCROW with its RFM score?
A. SAMCROW has ordered recently and orders frequently, but it orders the least expensive goods. B. SAMCROW has not ordered anything for a while, but when it did order in the past, it ordered frequently, and its orders were of the highest monetary value. C. SAMCROW has not ordered anything for a while and it did not order frequently, but when it did order, it bought the least expensive items. D. SAMCROW has ordered recently, but orders infrequently, and it orders the most expensive goods. E. SAMCROW has ordered recently and orders frequently, and it orders the most expensive goods.
A study showed that disagreeing about major issues can lead to positive outcomes for the group when the
A) team leader explains that disagreement will not be tolerated. B) dissenters feel they have the freedom to express doubt. C) dissenters are paid a small bonus to keep quiet. D) rest of the group pokes fun at the dissenters.