Goodwill has to be evaluated for impairment once a year, as well as on an interim basis as the time events and circumstances warrant

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Work-in-process records are updated by payroll personnel

Indicate whether the statement is true or false

Business

An information technology director collected the names and locations of key vendors, current hardware configuration, names of team members, and an alternative processing location. What is the director most likely preparing?

A. Data restoration plan. B. System security policy. C. Disaster recovery plan. D. System hardware policy.

Business

Which of the following statements about the no-need objection is true?

A. No-need objections are typically handled through forestalling. B. No-need objections relate directly to the product. C. Such objections are rarely used because it is a rude way to get rid of the salesperson. D. Some salespeople actually encourage their prospects to make this kind of an objection because their sales presentation is poor. E. Once the no-need objection is expressed the salesperson should stop the presentation and try a close.

Business

In a net present value analysis, how can an analyst explicitly and formally consider the influence of risk on the present value of certain cash flows?

Business