The director of a professional organization who asks for a report on developing an online newsletter for members may request a justification report to support the recommended decision

Indicate whether the statement is true or false


T

Business

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Under a 401(k) plan, the ________ is responsible for choosing specific investments.

A. employee B. ERISA fiduciary advisor C. financial institution handling the account D. employer E. PBGC

Business

Based on GAAP, most software development costs are likely to be

A) expensed as R&D costs. B) allocated to inventory and expensed to cost of goods sold when the software is sold. C) capitalized and amortized over a 40-year period. D) capitalized and amortized over a relatively short period, such as five years.

Business

It is the date of the declaration of dividends, not the date of dividend payment, that affects retained earnings and creates the liability

Indicate whether the statement is true or false

Business

A regression equation with a coefficient of determination near one would be most likely to occur when the data demonstrated a:

A) seasonal demand pattern. B) trend demand pattern. C) cyclical demand pattern. D) random demand pattern.

Business