Revised Article 3 eliminates the particular fund doctrine by providing that a promise or order is not made conditional because payment is to be made only out of a particular fund
a. True
b. False
Indicate whether the statement is true or false
True
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As a complement to the balance sheet and the income statement, the statement of cash flows is an informative statement for analysts for all the following reasons except:
a. The statement of cash flows provides information to assess the financial health of a firm. Analysts increasingly recognize that cash flows do not necessarily track income flows. A firm with a healthy income statement is not necessarily financially healthy, and vice versa. Cash requirements to service debt, for example, may outstrip the ability of operations to generate cash. b. The existence of negative cash flows from operations can be eliminated by using this financial statement. c. The statement of cash flows highlights accounting accruals, which can provide insight into the overall sustainability and quality of a firm's reported earnings. d. Analysts who understand the types of information this statement presents and the kinds of interpretations that are appropriate find that the statement of cash flows reveals information about the economic characteristics of a firm's industry, its strategy, and the stage in its life cycle.
A person's needs are wants that are learned by a person, while wants result from a lack of something desirable.
Answer the following statement true (T) or false (F)
Frederick Herzberg found that employees are most productive when organizations
A. provide a combination of desirable hygiene factors and motivating factors. B. provide "family-friendly" policies, which typically include flexible work arrangements. C. stop the use of telecommuting. D. eliminate the Pygmalion effect.
In order to foster an understanding of the need for change, change leaders should do which of the following?
a. Make sense out of internal and external data, understand the perspectives of stakeholders and their own concerns and perspectives b. Engage the marketing team to communicate the vision and plan clearly c. Persuade everyone to adopt their point of view so they have complete buy-in d. Work to understand how they compare against competitors so that they can put the need for change in a larger context