A firm has accounts receivable of $400,000 and net sales of $365,000 . Its collection period is 111 days
Indicate whether the statement is true or false
False
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If the lease term is 75% or more of the property's economic life, the lease agreement should be accounted for as an operating lease
a. True b. False Indicate whether the statement is true or false
The 15-15 Rule states that if a project is more than 15 percent over budget or 15 percent off the desired schedule, it will likely never recoup the time or cost necessary to be considered successful.
Answer the following statement true (T) or false (F)
In examining her organization’s benefits package, Petra has determined that the organization can provide a 40% premium to direct compensation for the cost of benefits. What aspect of providing a benefits program is Petra considering?
A. amount B. mix C. flexibility D. vesting
Effective listening involves observing nonverbal communication as well as hearing the verbal message
Indicate whether the statement is true or false