Rivalry is intense in nations with conditions of ________ consumer demand, ________ supplier bases, and ________ new entrant potential from related industries.
A. strong; strong; high
B. weak; weak; high
C. strong; strong; low
D. weak; weak; low
Answer: A
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The purchase of office equipment on credit has what effect on the accounting equation?
a. Assets increase and liabilities increase b. Liabilities increase and stockholders' equity decreases. c. Assets decrease and stockholders' equity decreases d. Assets decrease and liabilities decrease.
On a trial balance, debits and credits may, under special circumstances, have different totals and the trial balance will still be correct
Indicate whether the statement is true or false
For each of the characteristics below, identify whether it is a focus of financial accountingor managerial accounting. Use the letter F to identify financial accounting and M to identifymanagerial accounting._____ 1. Users are generally investors, creditors, analysts, and regulators._____ 2. Used to assist managers in making planning and control decisions._____ 3. Information is structured and controlled by GAAP._____ 4. Information is available quickly without the need to wait for an audit._____ 5. Information is mainly historical with some predictions._____ 6. Emphasis of the information is a company's projects, processes, and divisions._____ 7. Information is mostly monetary, but includes nonmonetary information.
What will be an ideal response?
In the U.S. courts of appeals, the parties file legal briefs with the court and are given a short oral hearing
Indicate whether the statement is true or false