The accumulated depreciation account is closed to the income summary account
Indicate whether the statement is true or false
False
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Net credit sales is always shown as a separate line item on the income statement
Indicate whether the statement is true or false
Which of the following statements is true of predictable drawbacks of applying a strategy blindly, thoughtlessly, or inflexibly?
A. Aggressively pursuing integrative negotiation may distort the perceptions of the other side's motives, needs, and positions. B. Accommodation strategies may lead to distortions in judgment regarding the other side's contributions and efforts. C. Blind pursuit of an integrative process can lead negotiators to cease being accountable to their constituencies. D. Distributive strategies may generate a pattern of giving in to keep the other happy or to avoid a fight.
Which of the following best represents the core goal of ISO 26000?
a. emphasizing and applying human rights to business’s current understanding of ethical practice b. advocating for socially responsible business practices by studying and rating major corporations on an ethical scale c. creating a common conceptualization of “social responsibility” and offering best practices for how to make it part of management d. developing a common curriculum for ethics that can be taught to students regardless of culture
The Basketball Division of Thunder Sports Enterprises reported the following financial data for the year: Assets available for use $1,200,000 Book Value $1,500,000 Market Value Residual income $108,000 Return on investment 14% Refer to Thunder Sports Enterprises. What was the Basketball Division's segment income?
a. $168,000 b. $125,000 c. $269,000 d. $ 19,000