Even though a person is declared bankrupt, he or she will still have to pay child support, if they have a legal obligation to do so
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following statements is not an example of local products or brands?
A) Coca-Cola developed several branded drink products for Japan. B) Coca-Cola markets Kinely brand bottled water in India. C) BMW uses "the ultimate driving machine" slogan in India. D) Diageo PLC markets Gordon's Edge, a gin-based ready-to-drink beverage in the United Kingdom. E) Coca-Cola developed a noncarbonated, ginseng-flavored beverage for Japan.
Profit sharing is a method of employee compensation that
a. allocates an equal amount of profit reward to each manager in the organization. b. allows organizational profits to be divided among employees in a non-taxable status. c. is contingent based on the level of subunit profit generated. d. is used in many foreign companies but is virtually nonexistent in most U.S. organizations.
Answer the following statements true (T) or false (F)
1. One of the factors to contribute to a successful spend analysis is the unavailability of accurate, timely, and detailed expenditure data. 2. A characteristic of strategic purchases is that they exploit full purchasing power. 3. Conglomerate is a category in classifying buyer–supplier relationships. 4. Transactional relationships are related to buy-and-sell exchanges of goods and services. 5. Collaborative relationships require early supplier involvement.
When using the FIFO inventory costing method, the most recent costs are assigned to the cost of goods sold
Indicate whether the statement is true or false