The going concern assumption:
A) Means that accounting information reflects a presumption that the business will continue
operating instead of being closed or sold.
B) Means that we can express transactions and events in monetary, or money, units.
C) Presumes that the life of a company can be divided into time periods, such as months and
years, and that useful reports can be prepared for those periods.
D) Means that a business is accounted for separately from other business entities, including its
owners.
E) Prescribes that a company record the expenses it incurred to generate the revenue reported.
A) Means that accounting information reflects a presumption that the business will continue
operating instead of being closed or sold.
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European countries will definitely benefit by having an FTA with the United States. However there are some sticky points which need resolution. All of the following points need consideration except:
A) that the EU restricts the import of most genetically modified crops, which are common in the United States. B) further reduction of tariffs which now average between 2 and 3 percent. C) a variety of regulations that hamper cross-border investment and purchasing. D) the US government would like easing of restrictions for purchasing European goods. E) the name "Parmesan" applied to the "cows-milk" cheese.
Daniela is a member of a team at a company that handles promotions for minor-league baseball clubs. Daniela’s manager has been redesigning her team members’ jobs in an effort to increase productivity. The manager has also provided Daniela’s team with a new strategy for the coming season and is currently interviewing candidates to replace a team member who recently left the company. On what type of team is Daniela most likely working?
a. workgroup b. independent c. self-managed d. integrated
Many companies specify target response times for all contact channels in their SLAs or when communicating services to customers, so that customers will know how long it will take the service desk to resolve the incident or service request.
Answer the following statement true (T) or false (F)
Which one of the following is not one of the stated goals of salary administration programs?
A. It assists managers in determining which employees should be laid off or furloughed should that become necessary. B. It enables the organization to conform with requirements of existing legislation. C. It helps reduce employee turnover. D. It helps promote good employer-employee relations.