Using the worksheet approach, general (governmental) long term assets and long term debt have a balance of zero until the worksheet entries are made.

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


True

Government funds do not record long term assets or long term debt.

Business

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Overall company profits will not be enhanced if a buying division acquires products from outside suppliers at an annual cost that is less than the incremental cost to the supplying division within the company

Indicate whether the statement is true or false

Business

Which of the following is not an example of a conformance cost?

A) Prevention cost B) Appraisal cost C) External failure cost D) Quality engineering cost

Business

The rule of law that allows two or more persons to petition the executive, legislative, or judicial

branch of the government or administrative agencies to enact law or to take other action without violating the antitrust laws is called: A) Conscious parallelism. B) Noerr doctrine. C) Unilateral refusal to deal. D) "Sham exception."

Business

Office size, posters or pictures on the wall, and even cell phone calling plans are examples of which element or organizational culture?

a. Language, metaphor, and jargon b. Communication c. Artifacts d. Stories, myths, and legends

Business