Assets that are expected to be converted to cash, sold, or used up during the next 12 months, or within the business's normal operating cycle if the cycle is longer than a year, are called ________ assets
A) intangible
B) plant
C) long-term
D) current
D
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A tangible benefit can be measured and expressed in financial terms
Indicate whether the statement is true or false
Which of the following statements is true of a breach of contract?
A) Strict performance by a party discharges that party's duties under the contract. B) Inferior performance constitutes a minor breach of contract. C) Substantial performance constitutes a material breach. D) The most common remedy for a breach of contract is an award of equitable remedies.
The practice of imposing penalties for failing to carry out responsibilities adequately and giving rewards for meeting responsibilities is referred to as
A. accountability. B. subtle discrimination. C. planning. D. reliability.
A traditional union objective is to replace arbitrary or discriminatory treatment of workers with _______________________________, an objective standard to prevent favoritism, manipulation, and abuse.
Fill in the blank(s) with the appropriate word(s).