Under the periodic system, cost of goods sold is determined by subtracting ending inventory from cost of goods available for sale
Indicate whether the statement is true or false
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Which of the following investments should be classified as cash equivalents for Lastima Company in preparing the statement of cash flows? 1 Shares of stock in Lastima Company. 2 A one-month Treasury note purchased by Lastima Company when only 3 months remained in the note's term. 3 Share in a money market fund purchased by Lastima Company; the fund purchases only investment grade corporate debt
instruments with maturities of 2 months or less. 4 A one-year treasury note purchased by Lastima Company when the treasury note was issued, which now has only 2 months remaining in its term. a. 2, 3 b. 2, 4 c. 2, 3, 4 d. 1, 2, 3, 4
For excellent customer service to exist, the successful joining of corporate values and
employee values must occur. Values are: a. legal guidelines as to what is right and wrong. b. our interpretation of company policies. c. what our parents taught us to believe. d. a combination of beliefs, perceptions, and ideas as to the appropriate response to a situation.
Which of the following is the BEST advice for including objectives in a proposal?
a. List only enough measurable and attainable objectives to accomplish the purpose of selling your proposal. b. Include a generous list of objectives, even though you know that you may not totally achieve all of them. c. Omit an objectives section; a problem statement is sufficient for defining your goals. d. Your proposal has only one objective: to convince the reader that the benefit from your product or service will outweigh the cost.
Explain the value of knowing an audience in the preparation of a presentation