Acquisition cost should not include expenditures unrelated to the acquisition, like repair costs for damages incurred during installation, or costs incurred after the asset was installed and use begun
a. True
b. False
Indicate whether the statement is true or false
True
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When a dividend is declared and paid, the Dividends account is debited and Cash is credited
Indicate whether the statement is true or false
When actual performance varies from the budgeted performance, managers will be more likely to revise future budgets if the variances were
a. controllable rather than uncontrollable. b. uncontrollable rather than controllable. c. favorable rather than unfavorable. d. small.
According to a survey by the Society for Human Resources Management, which of the following is NOT one of the major employer concerns resulting from the demographic makeup of the U.S. workforce?
A. Increased medical costs B. Loss of skills resulting from the retirement of many baby boomers C. Conflict and loss of productivity resulting from diversity D. The aging of the workforce E. The need to enhance? cross-cultural understanding
Entrepreneurial self-efficacy is ______.
a. the belief that entrepreneurs have in their own ability to begin new ventures b. the belief that entrepreneurs are born, not made c. the ability to efficiently maximize returns d. the ability for entrepreneurs to be self-deprecating despite their successes