The accounting team of an organization is preparing cost sheets for its different departments. It requires updated accounts for the previous financial year from each department. Without this data from the departments, the accounting team cannot prepare the cost sheets, and the departments cannot be given a budget for the year. In this scenario, the accounting department is the _____ for other
departments.
A. internal customer
B. selective distributor
C. external solicitor
D. external mediator
A
In this scenario, the accounting department is the internal customer for other departments. An
internal customer is a co-worker or supervisor— someone within the organization who depends
on products, supplies, or services from a different department.
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At the date of purchase, materials, equipment, facilities, and intangibles purchased from others that have alternative future uses in research and development should be
A) capitalized B) charged directly to retained earnings C) included in R&D expense immediately D) charged as a loss from continuing operations
Only four percent of online content cascades to more than one person beyond the initial recipient
Indicate whether the statement is true or false
Tweets are limited to 140 characters or less. Why do experts feel tweets should be even shorter?
A) Shorter tweets allow the user to send out several tweets in a row to "tell a story". B) Shorter tweets aid in the ability to retweet the message. C) Users have a short attention span and won't read a tweet of 100 or more words. D) Twitter will automatically change links to a length of 22 characters. E) Shorter tweets allow the use of more visual aids and emoticons.
Consideration is defined as something of legal value given in exchange for termination of an offer.
Answer the following statement true (T) or false (F)