When the states ratified the Constitution, they delegated certain powers—called enumerated powers—to the federal government
Indicate whether the statement is true or false
TRUE
You might also like to view...
General economic conditions are considered elements of the legal environment
Indicate whether the statement is true or false
Horizontal analysis is performed when:
a. total assets are set at 100% and all other balances are a percentage of total assets. b. the percentage change in the balance sheet and income statement numbers is computed for one period to the next. c. there is a need to calculate and compare key ratios from period to period. d. income statement amounts are shown as a percentage of total sales.
The measurement principle, also called the cost principle:
A. Prescribes that a company report the details behind financial statements that would impact users' decisions. B. Prescribes that accounting information is based on actual cost. C. Means that accounting information reflects a presumption that the business will continue operating instead of being closed or sold. D. Prescribes that a company record the expenses it incurred to generate the revenue reported. E. Provides guidance on when a company must recognize revenue.
What is the best advice for delivering bad news?
A) Use the active voice. B) Don't imply the bad news because it may be overlooked. C) Suggest a compromise or alternative. D) Describe what can't be done in great detail to ensure that your message is clear.