The FTC and the FCC are examples of administrative agencies which affect the entertainment industry
Indicate whether the statement is true or false
TRUE
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The following information was taken from the operating activity section of the 2016 statement of cash flows for Limited Corp: Additions to net income: Change in accounts payable $2,000 Deductions from net income: Change in inventories 8,000 Based on the information provided, which one of the following conclusions is correct?
a. Inventories increased $8,000 in 2016. b. The direct method was used to prepare the operating section of the cash flow statement. c. Cash payments of merchandise exceeded cost of goods sold by $2,000. d. Accounts payable decreased $2,000 in 2016.
Employees and job applicants often have a poor idea of what benefits they have and what the market value of their benefits is.
Answer the following statement true (T) or false (F)
When does a “doing first strategy” work best?
a. When creativity, commitment, and communication are most essential b. When the situation is novel and confusing c. When data are clear and reliable d. When discipline can be established in routine processes
All EXCEPT which of the following statements about ABC analysis are true?
A) In ABC analysis, inventory may be categorized by measures other than dollar volume. B) ABC analysis categorizes on-hand inventory into three groups based on annual dollar volume. C) ABC analysis is an application of the Pareto principle. D) ABC analysis suggests that all items require the same high degree of control. E) ABC analysis suggests that there are the critical few and the trivial many inventory items.