The accrual basis of accounting requires adjustments to recognize revenues in the periods they are earned and to match expenses with revenues.

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


True

Business

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Expats can be paid in the currency of the country in which they reside , in their home currency, or in a combination of both

Indicate whether the statement is true or false

Business

A noncompete agreement is one in which:

a. one party promises not to sue another in case of an injury caused by a tort or some other event b. an employee can leave and then go into competition against the employer or go to work for a competitor without any waiting period c. an employee agrees not to recruit fellow employees for another company when they leave their current place of employment d. an employee agrees not to use illegal substances e. none of the other choices are correct

Business

The basic relationship in bond valuation is for a given percentage point change in the required rate of return, the ____ the time to maturity, the ____ the change in value

A) shorter; greater B) longer; smaller C) longer; greater D) shorter; smaller

Business

Clemente Santiago has formed a business that sells carved gourmet coconuts. He has hired five employees. The most senior is Mary, who manages the carving process. Jane is the newest employee. She collects the coconuts. Joe takes calls from unhappy customers. Tom tosses finished coconuts into the sea, sending them to the wholesaler. Annie sends letters to the wholesaler extolling the virtues of

the latest production run of nuts that are drifting across the bay. Which of the following functions in the value chain is Jane performing? A) Inbound logistics B) Operations C) Outbound logistics D) Marketing and sales E) Service

Business