Information is likely to be more accurate if you find it in multiple, unrelated sources
Indicate whether the statement is true or false.
Answer: True
Explanation: Do other sources agree with this information? Information is likely to be more accurate if you find it in multiple, unrelated sources.
You might also like to view...
The statement of stockholders' equity
a. is one of the required financial statements for the annual report, when changes have occurred in the stockholders' equity accounts. b. shows the changes in retained earnings for the period, which includes the increase or decrease as a result of net income or loss for the period, and dividends for the period. c. includes accounts, such as the retained earnings and common stock accounts, but not changes to the retained earnings account, since those items are reported on the statement of retained earnings. d. is used only if a corporation frequently issues common stock.
The change in total revenue caused by a one-unit change in output is called the
A) marginal profit. B) marginal revenue. C) marginal demand. D) marginal cost.
Striving for excellence reflects which AICPA professional standard?
A. scope and nature of services B. objectivity and independence C. serve the public interest D. due care
Our business emphasizes one important goal over all others, ______, customer satisfaction
A) e.g. B) i.e.