Assertions about existence address whether assets and liabilities exist and assertions about occurrence address whether recorded transactions, such as sales transactions, have occurred

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


True

Business

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

1. The contingency viewpoint began to develop when managers discovered that a variety of different mathematical models can be applied for problem solving and decision making.  2. The manager following the contingency viewpoint would ask, "What management method is the best to use under these particular circumstances?"  3. Gary Hamel, cofounder of the Management Innovation Lab, believes than management innovation can be improved by identifying and sometimes challenging core beliefs that people have about an organization.  4. According to Harvard psychology professor Ellen Langer, one barrier to flexibility is mindlessness. 

Business

In a 360-degree evaluation and feedback system, ________ rate a person's skill and performance.

A. colleagues B. superiors C. direct reports D. All of the choices are correct.

Business

In multiple regression, if there is multicollinearity between independent variables, the t-tests of the individual coefficients may indicate that some variables are not linearly related to the dependent variable, when in fact, they are.

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

Business

An organization's value chain can aid in the reduction of non-value added activities

Indicate whether the statement is true or false

Business