The denominator of a return ratio will be some measure of the company's income for the period
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
The revised Model Business Corporation Act (MBCA) does not permit promises of future services and promissory notes to be exchanged for shares.
Answer the following statement true (T) or false (F)
Betty authorizes William to act as her agent. William is required to purchase a vehicle on Betty's behalf. Which of the following statements is true of this scenario?
A) If a seller knows that William is acting as an agent, but does not know Betty's identity, William is ultimately liable to the seller. B) If a seller knows that William is acting as an agent, but does not know Betty's identity, Betty is said to be an undisclosed principal. C) If a seller does not know that William is acting as an agent, William is liable to the seller. D) If a seller knows Betty's identity and is aware that William is an agent, Betty is said to be a partially disclosed principal.
If a smoothing model is applied with a smoothing constant exceeding 0.50, the forecasting bias will tend to be positive in most cases
Indicate whether the statement is true or false
If a government received a GFOA Certificate of Achievement for Excellence in Financial Reporting for the prior year's report, a reproduction of the certificate is included in the ______ section of the CAFR.
Fill in the blank(s) with the appropriate word(s).