A change in accounting principle because an Accounting Standard Update has been issued and the former principle is no longer generally accepted is treated under the prospective method
Indicate whether the statement is true or false
False
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On the statement of cash flows, the issuance of capital stock for cash to be used for future expansion of a production facility is treated as an investing activity
Indicate whether the statement is true or false
John D. Rockefeller's oil business was the main reason which legislation was enacted?
a. Sherman Act b. Robinson-Patman Act c. Clayton Act d. Chicago School Act
Mutual trust is:
A) when employees have gained the trust of management. B) reflected in reasonable, documented employment policies that are honestly and equitably implemented to the satisfaction of both management and employee. C) when management has gained the trust of the employees. D) when management recognizes that the employees are competent, motivated people both able and willing to perform at the level required to produce a quality product. E) when management and the employees both agree on common objectives.
The bullwhip effect reduces the profitability of a supply chain by making it simpler to provide a given level of product availability
Indicate whether the statement is true or false.