Which of the following is true regarding SFAS No. 144?
a. SFAS No. 144 changed the basic measurement rules of SFAS No. 121.
b. SFAS No. 144 converted goodwill into a non-amortizable asset.
c. Under SFAS No. 144, when several assets constitute a productive unit but the assets have different lives, a discounted cash flow analysis is performed.
d. SFAS 144 supersedes Opinion No. 30 in terms of the valuation of assets in discontinued segments.
ANSWER: D
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Differentiate between performance goals and conversion goals.
What will be an ideal response?
An Individual Coaching for Effectiveness program is designed to
A. attract and retain ambitious managerial employees. B. help managers with dysfunctional behavior. C. improve the technical skills of employees. D. help prepare managers for overseas assignments. E. reduce the effects of the glass ceiling.
The basic notion behind the ROQ approach is that managers are looking for improvements in actual customer behavior
Indicate whether the statement is true or false
Which of the following is not a purpose of a postaudit?
a. Compare actual costs with estimated costs. b. Compare actual cash flows with estimated cash flows. c. Propose corrective action, if needed. d. Punish managers for their bad estimates. e. Learn to conduct better future estimates.