Answer the following statements true (T) or false (F)
Conservatism, materiality, and disclosure are examples of constraining principles.
ANSWER: T
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Dennis, a senior manager at VST Corporation, is considering the acquisition of a revolutionary water treatment technology from a small development firm. The asking price is $5 million. However, the environmental uncertainty of the water treatment marketplace is both complex and dynamic. Dennis wants to acquire the new technology but seeks to manage the risk associated with his decision, or "hedge his bets." Key elements of his risk management strategy might be to
A. decide upon a clan (collaborate), adhocracy (create), hierarchy (control), or market (compete) culture from which to market the technology. B. diversify, merge, divest, prospect, or defend the technology. C. gain competitive intelligence through environmental scanning, develop business scenarios, forecast sales, and benchmark the technology. D. buffer, smooth, and empower in order to manage the technology supply chain. E. establish visible artifacts; develop symbols, rites, and ceremonies; and develop stories about the technology.
The unexpired cost of a plant asset is referred to as its
A) depreciable cost. B) carrying value. C) accumulated depreciation. D) original cost.
Retail layout design should seek to _________?
a. Maximize sales per square foot of floor space b. Minimize sales per square foot of floor space c. Both maximize and minimize sales per square foot of floor space d. Sales per square foot of floor space is not a relevant metric for retail layout design
If Marguarite promises to pay Neal $300 not to defame her, the promise is unenforceable because tort law imposes a preexisting obligation on Neal to refrain from such an act
a. True b. False Indicate whether the statement is true or false