Slack equals
a. LF - EF.
b. EF - LF.
c. EF - LS.
d. LF - ES.
B
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Which of the following is not true concerning the FASB and the IASB conceptual frameworks?
a. Both the FASB and the IASB rely on a conceptual framework to guide their standard-setting decisions. b. The conceptual framework is not a rigorous set of principles from which standard setters can logically deduce appropriate financial reporting standards. c. The purpose of a conceptual framework is to guide standard-setting decisions in order to enhance the quality and consistency of those decisions. d. The FASB and the IASB have separately developed their conceptual frameworks, and those frameworks are very different. e. The two standard-setting bodies are currently working to develop a common conceptual framework for financial reporting.
Positioning is sometimes difficult because:
a. Alternatives are in the minds of the target audience, and anticipating all the possible alternatives is difficult b. Organizations don't want to spend the money to figure out what position they should be in c. Market niches don't respond to positioning d. Doing nothing is easier, and a company can avoid being positioned if it does nothing e. Nonprofits are really all alike and can't be differentiated
Fez is trying to motivate his sales staff. He holds a staff meeting to explain his plan. He realized that in order for the plan to work, he needs to make sure that his team expects that their hard work will result in an increase in sales; he needs to reassure the team that meeting their sales targets will result in their receiving a percentage of their sales; and he hopes that the team will value the opportunity to make more money and see the advantages of working closely as a team. Relate Fez’s experience to the three elements of expectancy theory and explain.
What will be an ideal response?
Which of the following statements about wills is correct?
a. A will must be written on one piece of paper. b. Another writing may be incorporated by reference into a will. c. The testator must sign his or her full name. d. The testator cannot have any "help" in signing a will.