Answer the following statement(s) true (T) or false (F)
Truly creative people are always geniuses.
ANSWER: False
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By examining the statement of shareholders' equity an investor can determine all of the following except:
A. shares issued to employees for share-based compensation. B. the amount of convertible bonds issued during the year. C. unrealized losses on available-for-sale securities. D. dividends declared on common stock.
During the month of March, Harley's Computer Services made purchases on account totaling $43,500. Also during the month of March, Harley was paid $8,000 by a customer for services to be provided in the future and paid $36,900 of cash on its accounts payable balance. If the balance in the accounts payable account at the beginning of March was $77,300, what is the balance in accounts payable at the end of March?
A. $4,900. B. $83,900. C. $75,900. D. $91,900. E. $6,600.
Tangible long-lived assets include all of the following except
a. land. b. buildings. c. equipment. d. factories. e. franchise rights.
Which of the following real-world scenarios best exemplifies formalization?
A. W. L. Gore's associates organizing themselves in project-based teams that are led by sponsors, not bosses B. Yahoo's decision to fire its CEO after incurring huge losses C. Zappos' focus on allowing its customer service employees to use their own approach rather than depend on scripts D. McDonald's use of standard operating procedures across the world