Which of the following is a primary result of the change in the nature of communication as a result of mobile technology?
A) Spelling and grammar skills have improved.
B) The relationship between senders and receivers has been altered.
C) There are fewer opportunities to create new business.
D) There are fewer communication challenges between the sender and receiver.
E) Businesses place less emphasis on writing skills.
Answer: B
Explanation: B) The use of mobile devices has resulted in a change in the nature of communication, including an altering of the relationship between the sender and receiver, while creating opportunities, new challenges and the forcing of professionals to learn new communication skills.
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Which statement is not true?
a. authority refers to an individual's obligation to achieve desired results b. if an employee is given the responsibility for a task, that employee should be given authority to make decisions within the limits of that task c. the level of detail provided to an employee is a function of the employee's position with the firm d. all of the above are true
Interim financial statements report data for a period of more than one year
Indicate whether the statement is true or false
Hill Top Lumber Company is considering building a sawmill in the state of Washington because the company doesn't have such a facility to service its growing customer base located on the west coast. When evaluating the acceptability of the project, which of the following would be considered a relevant cash flow that should be included when determining the sawmill's initial investment outlay?
A. Last year, Hill Top spent $75,000 preparing a feasibility study on whether the project should be pursued further; that is, whether the firm should conduct a complete capital budgeting analysis, which is extremely costly. B. Hill Top estimates that the new sawmill will generate $3 million of new business each year it operates. C. To raise the funds needed to build the sawmill, Hill Top must issue new bonds. D. It will cost Hill Top $3 million to clear the land on which the sawmill will be built. E. It is estimated that $20 million of business from Hill Top's current customers will transfer from existing sawmills to the new sawmill.
For corporations, which of the following regarding net capital losses is true?
A. Net capital loss carrybacks and carryovers create temporary book-tax differences if they are used before they expire. B. A corporation that experiences a net capital loss in Year 4 first carries the loss back to Year 3, then Year 2, and then Year 1 before carrying it forward. C. A corporation that experiences a net capital loss has a favorable book-tax difference in the year of the loss. D. Net capital loss carrybacks are deductible in determining a corporation's net operating loss.