In a comparative advertisement, advertisers point out that their brand has characteristics that are superior to those of competing brands, but they do not actually mention the brand names of competitors.
Answer the following statement true (T) or false (F)
False
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An advantage of FIFO is that it assigns the most recent costs to cost of goods sold, and does a better job of matching current costs with revenues on the income statement.
Answer the following statement true (T) or false (F)
Which is true when considering the people in an organization?
a. They exist separately from tasks, informal and formal structures, and should be considered in isolation b. Most people are flexible and can easily fit into any role c. Since everyone is so different, it’s not worth the effort to try to understand how people will react to change d. Some individuals are more critical of the change process than others
Integrating diversity into a corporate mission statement, providing adequate funding toward diversity efforts, and establishing corporate positions responsible for the management of diversity programs are all efforts that demonstrate top management's
A. attempt to build a monolithic organization. B. determination toward promoting ethnocentrism. C. commitment toward reducing corporate governance. D. failure to address the cultural aspects of integration. E. commitment toward managing diversity.
A business makes a cash payment of $12,000 to a supplier for supplies purchased two weeks earlier. Which of the following accounts is debited?
A) Cash B) Accounts Payable C) Supplies D) Accounts Receivable