Dividends in arrears are disclosed as liabilities of a corporation

Indicate whether the statement is true or false


False

Business

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Acme Global provides its employees with performance appraisals. Twice a year, each employee sits down with the employee’s supervisor for feedback and goal setting. Acme Global is developing its employees through ______.

A. formal education B. experience C. informal education D. employee assessment

Business

A budget procedure that provides for the maintenance at all times of a twelve-month projection into the future is called master budgeting

Indicate whether the statement is true or false

Business

Materials that are used in manufacturing but are not clearly identified with specific product units are called:

A. Direct materials. B. Secondary materials. C. Materials inventory. D. Indirect materials. E. General materials.

Business

Shortage costs include loss of customer goodwill

Indicate whether this statement is true or false.

Business