Answer the following statements true (T) or false (F)
SFAS No. 35 is considered a landmark standard because it set accounting and reporting standards for a new entity, the pension plan, as separate and distinct from the sponsoring company.
ANSWER: T
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The doctrine of promissory estoppel:
A. protects bargains, not reliance. B. protects reliance, not bargains. C. makes the contracts unenforceable. D. does not make promises enforceable.
Rolex calls itself the "Official Timekeeper" of the Wimbledon and Australian Open lawn tennis championships, by virtue of its sponsorships of the marquee events. What is the most likely objective for Rolex's sponsorship deal with these events?
A) to permit merchandising or promotional opportunities B) to express commitment to the community or on social issues C) to create experiences and evoke feelings D) to identify with a particular target market or lifestyle E) to increase salience of company or product name
Which of the following is NOT as a risk associated with ERP implementation?
a. A drop in firm performance after implementation because the firm looks and works differently than it did while using a legacy system. b. Implementing companies have found that staff members, employed by ERP consulting firms, do not have sufficient experience in implementing new systems. c. Implementing firms fail to select systems that properly support their business activities. d. The selected system does not adequately meet the adopting firm's economic growth. e. ERP's are too large, complex, and generic for them to be well integrated into most company cultures.
The first step in estimating a population value for a percentage is to ________
A) determine the sample percent B) determine q C) solve for the standard error of the percentage D) multiply the standard error value by the z value E) subtract the limit from p to obtain the lower boundary, then add the limit to p to obtain the upper boundary