When prices are rising, net income calculated by using the last-in, first-out method is smaller than the amount determined from using either the first-in, first-out or the weighted-average method
a. True
b. False
Indicate whether the statement is true or false
True
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Answer the following statements true (T) or false (F)
1. Some CSR advocates argue, "CSR should not be thought of as cost, a constraint, or charitable deed, but instead thought of as an opportunity, innovation, and competitive advantage." 2. Porter and Kramer argue that the CSR model should become a corporate social integration model approach, but that social perspective need not be integrated with business strategy. 3. Porter and Kramer categorize a corporation's involvement in society into two approaches, responsive and strategic. 4. Many business schools are going a step further and establishing sustainability centres to help create a more sustainable business model that integrates economic and social purposes. 5. Business programs in colleges and universities have not yet responded to the increasing awareness of the ethics and responsibilities of business. 6. Service-learning is a form of student volunteering.
The partnership is liable for torts committed by any partner of the firm while engaged in partnership business under the doctrine of ________.
A. ultra vires B. caveat emptor C. estoppel D. respondeat superior
Because it is a high polluter, coal is on the decline as an energy source.
Answer the following statement true (T) or false (F)
________ is the conscious, systematic process of making decisions about goals and activities that a person, group, work unit, or organization will pursue in the future.
A. Budgeting B. Benchmarking C. Buffering D. Forecasting E. Planning