Because of the post audit, managers are more likely to make capital investment decisions in the best interests of the firm
Indicate whether the statement is true or false
True
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Mr. Roberts has a team comprising several members who have worked for him for more than five years and have much knowledge of the jobs that they perform. Mr. Roberts sometimes gets very busy, and when this happens, he will often ask several of his team members to get together and make a decision pertaining to some problem on their own. This behavior would be described as ______.
a. autocratic b. consultation c. participation/facilitation d. delegation
Leasehold improvements become the property of the lessor at the end of the lease
Indicate whether the statement is true or false
Which of the following is/are true concerning accumulated other comprehensive income?
a. Firms measure marketable equity securities classified as available for sale at fair value and record the unrealized changes in fair value as an element of other comprehensive income. b. Firms remeasure derivatives designated as cash flow hedges to fair value at the end of each period and report the unrealized gain or loss in other comprehensive income. c. Firms translate the reported results of their foreign operations from local currencies into U.S. dollars in order to prepare consolidated financial statements. d. Firms must include gains and losses from changes in actuarial assumptions, actuarial performance, and prior service cost in other comprehensive income prior to their amortization as an adjustment to pension expense. e. all of the above
What is good advice about personal values?
A. focus on intrinsic values that are naturally satisfying B. avoid focusing on acquiring wealth and possessions C. try to find a good fit between your values and your organization’s values D. all of these