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

SFAS No. 52 adopted a currency U.S. dollar orientation to accounting for foreign currency operations.


ANSWER: F

Business

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Which of the following statements is not true?

a. If one investment earns 8 percent compounded annually and another earns 8 percent simple interest, the amount of interest earned will be the same for both investments, provided the same amount is invested in each for one year. b. Simple interest cannot be calculated for periods of less than one year. c. Total interest earned will be greater when compound interest is applied than when simple interest is applied. d. None of these are not true.

Business

What is spurious to superior strategy execution and operating excellence?

A. having access to online systems that provide statistical information about operating activities B. having state-of-the-art operating systems, information systems, and real-time data C. having real-time information systems that permit company managers to stay on top of implementation initiatives and daily operations and to intervene if things seem to be drifting off course D. having access to employee data of competitors E. having the systems capability to identify and diagnose problems, so as to take corrective actions

Business

For a cost, Tonya can open up a Chick-fil-A store in her hometown of Memphis, Tennessee. The parent company has agreed to let Tonya use its company name. Additionally, the company will give her support for her operational and marketing efforts. What type of system is this?

A. licensing B. joint venture C. franchising D. contract manufacturing E. direct ownership

Business

Arnold Palmer Hospital uses which focus?

A) process B) repetitive C) product D) mass customization E) A and D

Business