Unique information asks if each transaction and event is represented only once in the information.
Answer the following statement true (T) or false (F)
True
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Which of the following is true about market-nichers?
A) They are market followers in small markets. B) They tend to have high manufacturing costs. C) Their return on investment exceeds that in larger markets. D) A nicher achieves high volume as against a mass marketer that achieves high margin. E) They usually experience long-term losses.
The adjusting entry for rent earned that is currently recorded in the unearned rent account is
A) Unearned Rent, debit; Rent Revenue, credit B) Rent Revenue, debit; Unearned Rent, credit C) Unearned Rent, debit; Prepaid Rent, credit D) Rent Expense, debit; Unearned Rent, credit
The significance of the Railway Labor Act is that it:
A. Was declared unconstitutional and was seen as a major blow to the labor movement. B. Set the stage for national legislation that protected workers rights to unionize and bargain collectively. C. Was the first major piece of labor legislation to require collective bargaining in all industries. D. Required union representation on the governing boards of railway companies.
A dual authority system is a distinguishing characteristic of a(n) ________ organization.
A. mechanistic B. geopolitical C. organic D. matrix