U.S. GAAP and IFRS allows the use of present value to calculate the cost of an asset except:
a. When assets are held for more than one year.
b. When assets are held for less than one year.
c. When assets are depreciated using the straight line method
d. When asset are sold in the middle of the accounting cycle.
A
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Amounts owed for products or services purchased on account are called ________
A) accounts payable B) unearned revenue C) accrued expense D) warranty payable
Which of the following metrics is used to calculate the cumulative or total time required to complete a given number of repetitions of a task or produce a given number of unit of an item?
a. unit time coefficient value b. flow time coefficient value c. production time coefficient value d. total time coefficient value
Studies suggest that three days after a presentation, people retain more from an oral presentation than from a visual presentation.
Answer the following statement true (T) or false (F)
A multinational company that makes a labor-intensive product would be interested in the _____ makeup of countries. Factors such as median age, gender, and literacy rates would determine the success of its global expansion.
A. demographic B. lifestyle C. natural D. cultural E. economic