A rule is arbitrary and capricious if there is no evidence to support its promulgation

Indicate whether the statement is true or false


True

Business

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Which of the following transactions is most likely not to result in an adjusting entry at the end of the period?

A) Performance of a service for which payment was not received in advance. B) Purchase of inventory for sale in the subsequent period. C) Purchase of office equipment. D) Purchase of a two-year insurance policy.

Business

The Excel LP model for this scenario shows the following sensitivity report for the constraints. Comment on the salient features

Final Shadow Constraint Allowable Allowable Cell Name Value Price R.H. Side Increase Decrease $G$5 Budget 3500 12 3500 2560 3440 $G$6 Newspaper 0 0 4 1E+30 4 $G$7 Radio 13.76 0 24 1E+30 10.24 $G$8 Twitter 0 0 3 1E+30 3 $G$9 Facebook 4 20 4 229.3333333 4

Business

Which of the following is not part of a good guideline list for managing strategic alliances?

A. establishing a clear understanding between partners B. working hard to ensure a collaborative relationship between partners C. relying primarily on a contract to make the joint venture work D. not shortchanging your partner

Business

Dividends generally

A) are paid as a fixed percentage of earnings. B) fluctuate more than earnings. C) are more stable than earnings. D) are guaranteed by the SEC.

Business