WorldCom's accounting issues involved capitalization of ordinary expenses

Indicate whether the statement is true or false


TRUE

Business

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A licensed asset may be a brand name, company name, patent, trade secret, or product formulation

Indicate whether the statement is true or false

Business

Waddock and Bodwell developed the Total Responsibility Management concept based on Deming’s TQM. Which of the following is not one of the elements?

a. Inspiration process b. Integration process c. Involvement process d. Innovation and improvement process

Business

Which of the following statements is true if a bond is issued for an amount higher than face value?

A) The bond's stated interest rate is less than the prevailing market interest rate at time of sale. B) The bond's stated interest rate is the same as the prevailing market interest rate at time of sale. C) The bond's stated interest rate is more than the prevailing market interest rate at time of sale. D) The bond is not secured by specific assets of the issuer.

Business

Best practices supported by RUP include each of the following except

A) manage requirements. B) use component-based architectures. C) develop software iteratively. D) facilitate a linear approach to software development.

Business