A map gives information visually and thus eliminates the difficulty of explaining in words
Indicate whether the statement is true or false
True
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According to Table 5.1 in the text, which of the following does not apply to qualitative research?
A) a small number of nonrepresentative cases B) non-statistical data analysis C) unstructured form of data collection D) outcome is used to recommend a final course of action
Sales returns affect net cash collections when a customer has the right to return a product for a refund, and the firm can reasonably estimate the amount of returns at the time of sale, U.S. GAAP and IFRS
a. require that the firm use the allowance method to estimate and recognize the effects of returns. b. the selling firm debits a revenue contra account for expected returns to reduce current period revenues to the estimated amount that will not be returned. c. require that the firm measures revenues based on the amount of cash it expects to collect from current period sales. d. preclude revenue recognition when customers have the right to return goods unless the firm can reasonably estimate the amount of returns. e. all of the above
Which of the following does NOT reduce the need for a leader?
a. Cohesive team spirit b. Routineness of the task c. Preference of members to be led d. Competence of members
William obtains a loan from a bank at 4.5 percent interest. The state where he obtains the loan has a usury statute that limits interest rates to a 3.5 percent maximum. William's contract with the bank is A) enforceable only if William does not attempt to disaffirm it
B) enforceable only if the bank does not attempt to disaffirm it. C) enforceable only if both William and the bank knew of the statute when the contract was signed. D) not enforceable.