For income tax purposes most companies use an accelerated deprecation method called double declining balance
Indicate whether the statement is true or false
False
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Which of the following statements best describes the effects of recognizing revenue earned by a business entity?
A) Assets increase only when cash sales are collected. B) Stockholders' equity increases only when credit sales are made. C) Assets and stockholders' equity increase when either cash or credit sales are made. D) Assets increase and stockholders' equity decreases when either cash or credit sales are made.
Book value per share reflects the value per share if a company is liquidated at balance sheet amounts.
Answer the following statement true (T) or false (F)
Which of the following statements on an operations schedule is BEST?
A) It determines when employees work. B) It assigns employees to tasks depending on availability. C) It assigns customers to a definite time for order fulfillment. D) It assigns jobs to workstations or employees to jobs for specified time periods.
DFSS stands for _____
a. Defects Found Sifting and Sorting b. Design for Six Sigma c. Deviation from Specifications and Standards d. Defer for Statistical Study