Budgeting and scheduling management tools help ensure that the marketing research project is completed within the available resources
Indicate whether the statement is true or false
TRUE
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Joan Miller is the President of an advertising agency. One of the adjustments a staff accountant made at the end of July was $360 for unpaid wages of the secretary. Joan Miller might ask, "Why go to the trouble of making this adjustment? Why worry about
it? Doesn't everything come out in the end, when the secretary is paid in August? Because wages expense in total is the same for the two months, isn't the net income in total unchanged?" Give three reasons why adjusting entries can help Joan Miller assess the performance of the business. (Net income was $1,600.)
In some circumstances, sharing bad news via email rather than face-to-face is justified
Indicate whether the statement is true or false
Using the data that follows, compute the seasonal indices for January, February, and March using the simple average method.
a. January: 0.10, February: 0.88, March: 0.92
b. January: 0.97, February: 1.01, March: 0.72
c. January: 0.87, February: 1.08, March: 0.92
d. January: 0.97, February: 0.88, March: 0.92
Behaviors are what people in the organization say they want
Indicate whether the statement is true or false