Which of the following is true for creating readable lists?
A) Long sentences should be used to increase the likelihood that readers will find the key points
B) Use one-sentence paragraphs for emphasis
C) Skimming is more difficult with bulleted lists
D) Introductions are avoided as lists enable skimming
E) Using parallelism makes it easier for readers to skim through lists
Answer: E
Explanation: E) Lists help simplify complex subjects, highlight the main points, enable skimming, and give readers a visual break. Make your lists easy to read by making all the items parallel and keeping individual items as short as possible.
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Firms sometimes acquire bonds or capital stock of other entities for their expected returns (through interest, dividends, and price appreciation) without any intent to exert influence or control over the other entity. Which of the following is/are not true?
a. U.S. GAAP and IFRS presume that the acquisition of any amount of bonds, and the acquisition of less than 20% of the voting stock of another entity implies an inability to exert significant influence or control. b. Firms may classify such securities as debt securities held for short-term profit (IFRS uses the term held-for-maturity investments). c. Firms may classify such securities as trading securities (IFRS uses the term financial assets at fair value through profit or loss). d. Firms may classify such securities as securities available for sale (IFRS uses the term available-for-sale financial assets). e. all of the above
Prepare general journal entries for the following transactions for the current year: Apr. 25?Sold $4,500 of merchandise to Dunn Corp., receiving a 10%, 60-day,$4,500 note receivable. June 24The note of Dunn Corp. received on April 25 was dishonored.
What will be an ideal response?
Unevenness in the production process, out-of-balance workflows, and uneven workloads are referred to as ______.
A. muri B. mura C. muda D. heijunka
Which performance metric is incorrectly matched with its description?
a. Program return on investment = additional profit generated/program investment b. Maintenance ratio = # customers retained/# customers lost c. Customer loss rate = # of customers lost/# customers added d. Conversion efficiency = # of new customers generated/program investment