Within an individual account, there may be an explanation of both a source and a use of cash
Indicate whether the statement is true or false
T
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Which of the following statements does not properly reflect the new rules for accounting for minority equity investment securities, if fair value is not readily determinable?
A. If reported at cost, the reported value is updated when circumstances indicate the asset's value is impaired. B. If reported at cost, the reported value is to be updated when there is an observable transaction. C. If there are changes in carrying value, they are not to be reported in net income. D. Firms may opt to report at fair value or report at cost.
A value chain includes only processes and services that add value to the final product or service
Indicate whether the statement is true or false
The manager of Big Brand Clothing wants to determine what items consumers are looking for this Christmas so that he can plan his orders. He decides to collect data for the purpose by stationing employees outside the store on a particular Saturday with a list of questions to ask willing shoppers to answer as they pass by. In this case, the manager is using a ________ sampling method to select respondents.
A. systematic B. random C. probability D. stratified E. nonprobability
Which of the following is the BEST example of providing supporting evidence?
a. Only Strayhorn tools will give you the added power you will need for those extra tough jobs. b. I'm certain you will be proud of your new Strayhorn tools as I use them myself. c. The newly patented ratchet makes the Strayhorn wrench a unique and powerful tool for quick car repairs. d. You'll make quicker car repairs with your new, unique Strayhorn tools.