Daphne is applying for a job as an interior designer and would like to supplement her standard résumé with illustrations of projects she has completed; she should prepare a professional portfolio

Indicate whether the statement is true or false


T

Business

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All of the following are characteristics of current liabilities except:

a. They may be replaced with a new short-term liability rather than being paid in cash. b. They may involve estimated amounts. c. They are due within one year or within the operating cycle, whichever is longer. d. All three of the above are characteristic of current liabilities.

Business

If performance measures are perfect proxies for organizational goals,

a. sub-optimization will be enhanced. b. sub-unit managers will strive to achieve organizational goals. c. sub-units can all be decentralized. d. residual income will rise.

Business

The ________ environment includes all the uncontrollable forces originating outside the home country that surround and influence the firm.

Fill in the blank(s) with the appropriate word(s).

Business

Predefined commercial terms established by the International Chamber of Commerce are known as __________.

Fill in the blank(s) with the appropriate word(s).

Business