Even after there is an effective ratification, the original action of an agent is still considered as unauthorized
Indicate whether the statement is true or false
False
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Which global company has dissolved its matrix structure in order to achieve "greater speed and efficiency by further focusing and flattening the organization"?
A) Whirlpool B) Levi Strauss C) Pearson PLC D) ABB E) Gillette
Answer the following statements true (T) or false (F)
An argument against using students as subjects in behavioral research experiments is that they are not representative of the broad population of accounting information users.
On April 1, 2016, Bennett Corporation purchased a new machine on a deferred payment basis. A down payment of $5,000 was made and 10 monthly installments of $14,000 each are to be made beginning on May 1, 2016. The cash equivalent price of the machine was $130,000. Bennett incurred and paid installation costs amounting to $6,000. The amount to be capitalized as the cost of the machine is
A. $130,000 B. $136,000 C. $145,000 D. $151,000
A post-closing trial balance contains only asset and liability accounts
Indicate whether the statement is true or false