Departmental reports are used for internal management only; therefore the accounting rules for external reporting do not apply

a. True
b. False
Indicate whether the statement is true or false


True

Business

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A(n) ______________________________ system is a computer based system that captures, stores, and reports time

Fill in the blank(s) with correct word

Business

Which of the following items should be amortized?

A) natural resources B) goodwill C) patents, copyrights, trademarks D) tangible property, plant, and equipment, other than land

Business

Transfer of training occurs when the knowledge, skills, and behaviors used on the job are maintained by the learner once training ends and generalized to the workplace once the learner returns to the job.

Answer the following statement true (T) or false (F)

Business

In a cumulative relative frequency distribution, the last class will have a cumulative relative frequency equal to

a. one. b. zero. c. the total number of elements in the data set. d. the total of classes in the data set.

Business