The assumption that the life of the business can be divided into time intervals for reporting purposes is the:
A. Going concern assumption.
B. Monetary unit assumption.
C. Economic entity assumption.
D. Periodicity assumption.
Answer: D
You might also like to view...
Brand parity is the perception that most brands within a product category are relatively similar or have no distinct differences
Indicate whether the statement is true or false
The ____________________ is the value per share assigned to no-par stock by the board of directors
Fill in the blank(s) with correct word
Becky and Dave are expatriates working for different companies in two different countries. Becky's company is very structured, follows rigid rules for security, and expects employees to behave in a certain manner. Dave's company is a little more relaxed, and they tend to take each day as it comes. Which cultural difference contributes to this difference in the way these corporations operate?
A. Becky is in a company with a short-term orientation culture, whereas Dave is in a company with a long-term orientation culture. B. Becky's host country functions at an individualistic level, whereas Dave's host country functions at a collectivist level. C. Becky's company is in a country high in feminine culture, whereas Dave's company is in a country high in masculine culture. D. The culture of Becky's company functions with a low power distance, whereas the culture of Dave's functions with high power distance. E. Becky's company's culture functions with a high uncertainty avoidance, whereas Dave's company's culture functions with a low uncertainty avoidance.
A(n) ________ briefly summarizes the most important information in the proposal and key decision makers might read only this document and, based on how persuasive it is, decide whether or not to read the entire document
A) appendix B) title page C) executive summary D) table of contents E) glossary