BruceCo has accounted for the revenue of Jiffy Mac, Inc, one of its suppliers as though it were its subsidiary. BruceCo has probably committed fraud because of its misapplication of consolidation principles
a. True
b. False
Indicate whether the statement is true or false
True
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Which method of preparing the operating activities section of a statement of cash flows adjusts net income to remove the effects of deferrals and accruals for revenues and expenses?
a. The direct method b. The indirect method c. Both the direct and indirect methods d. Neither the direct method nor the indirect method
Salma is one of the best appliance repair people in her department. She can quickly disassemble appliances to diagnose and fix problems. However, her manager has noted that when other repair people ask her for help, she hesitates and seems unsure of herself. According to situational management, her manager should use a(n) ______ management style to manage Salma’s performance problem.
A. autocratic B. consultative C. participative D. empowerment
Even though the prospect had not yet agreed to buy, the salesperson said, "I'll make sure the dishwasher is delivered to your house on Saturday." This statement is an example of the ________ close.
A. alternative-choice B. compliment C. minor-points D. assumptive E. standing-room-only
Jeanne, who lives in Boston, refers to Pepsi as "tonic," while Paul, who lives in Chicago, calls it "pop." This is an example of a regional culture difference that marketers must consider.
Answer the following statement true (T) or false (F)