The operating cycle can never be longer than the cash conversion cycle
Indicate whether this statement is true or false.
Answer: FALSE
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Which of the following statement is FALSE?
a. Every organization, even not-for-profits, should have a mission statement. b. The term "strategic planning" deals with long term planning while the term " tactical planning" deals with short term planning. c. Marketing and distribution are examples of "upstream costs". d. A core competency in any activity in which an organization seeks a higher proficiency than its competition.
The basic guides for writing reports apply also to writing policies
Indicate whether the statement is true or false
Provide three rules for identifying if a process is out of control, in addition to a single point being outside of the control limits
We record a long-term asset at its cost less all expenditures necessary to get the asset ready for use.
Answer the following statement true (T) or false (F)