After a series of devasting storms, many states reevaluated the structures built along their coastal areas to determine whether they met building codes, as well as what repairs and new reinforcements were needed to help buildings withstand damage from future storms. Construction companies had to pull together a materials list and provide various suppliers with
A. determinant products.
B. initiator instructions.
C. product specifications.
D. request for proposals.
E. focal alternatives.
Answer: C
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In 2018 under the rules for minority passive investments in equity securities, which of the following statements is not correct?
A. Cash flows from the purchase and sale of equity securities will be classified based on the nature and purpose of the investment. B. There will no longer be a distinction between trading securities and available-for-sale securities for minority passive equity investments. C. An exception will be for investments where fair value is not readily determinable. D. The income statement and balance sheet treatment will be the same as the current accounting for available-for-sale securities.
Purchases and sales of cash equivalents are reported as investing activities on a statement of cash flows
a. True b. False Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. The literature on followership offers elegant theories of how the followership process works. 2. Kelley framed notions of followership in a negative light. 3. In the proposed theoretical model of followership by Uhl-Bein, follower traits are included. 4. The followership approach is both descriptive and prescriptive in nature. 5. Effective followers recognize their relative powerlessness but do not let that prevent them from challenging a leader when necessary.
Computers and smartphones have very short product life cycles. This means ______.
a. they need to be replaced only at long intervals b. for these products, new technology is introduced frequently c. consumers usually buy only one unit in their lifetimes d. there are few repeat customers for these products