For a firm to recognize an asset
a. a resource must represent a future economic benefit that the firm controls as a result of a past transaction or exchange.
b. the firm must be able to measure the resource with sufficient reliability.
c. must impose a future economic sacrifice because of a past event or transaction that the firm has little or no discretion to avoid.
d. Both choices a and b are correct.
e. None of these answer choices is correct.
D
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The receiving department is not responsible to
a. inspect shipments received b. count items received from vendors c. order goods from vendors d. safeguard goods until they are transferred to the warehouse
What are the two main types of personal power?
A. coercive and expert power B. reward and specialist power C. legitimate and reward power D. expert and referent power
Answer the following statements true (T) or false (F)
1. Existentialism is represented in fidelity and self-improvement, and contractarianism is represented in fidelity and justice. 2. The traditional components of fiduciary duty include ensuring that there are no actual or potential conflicts of interest given the actions of the employee. 3. The transparency principle is based on the belief that every employee should conduct business in a truthful and open manner. 4. The property principle involves making affirmative efforts for those individuals who need help in their personal pursuits, and it also helps protect those individuals who are vulnerable to unethical actions. 5. The fiduciary principle is based on the belief that stakeholders who have a vested interest in the firm should be treated fairly.
The NLEA applies to packaged foods and other foods regulated by the ________
A) U.S. Department of Agriculture B) Consumer Product Safety Commission C) Patient Protection and Affordable Care Act D) Food and Drug Administration