Which of the following is/are true regarding inventory?
a. Inventory refers to goods and other items that a firm owns and holds for sale or for further processing as part of its operations.
b. Inventory is called "stock" in some countries.
c. When the firm sells inventory, the carrying amount of that inventory becomes an expense.
d. Inventories are a major asset for merchandising and manufacturing firms.
e. all of the above
E
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Norwood Company signs a $11,000, 8.5%, six-month note dated November 1, 2018. The interest expense recorded for this note in 2018 will be ________. (Do not round any intermediate calculations, and round your final answer to the nearest dollar.)
A) $935 B) $156 C) $468 D) $312
Which of the following is not true about Facebook News Feed Page Post Ads?
A. They have a tiny tag indicating that they are sponsored. B. They can be liked, shared, and commented on, just like any news feed post. C. They cannot contain links. D. They have social context.
In performance appraisal, the ______ is a three-step process: Step 1: Set individual objectives and plans, Step 2: Give feedback and evaluate performance, Step 3: Reward according to performance.
A. narrative method or form B. behaviorally anchored rating scale form C. critical incidents method D. management by objectives method
A trademark is only issued if the registrant proves he has used the mark in commerce
Indicate whether the statement is true or false