Which sentence is expressed correctly?
A) Representatives from the FTC, IRS, and FCC developed strategies to reduce costs within their organizations.
B) The C.E.O., C.F.O, and several division managers of I.B.M. will meet at 3 p.m., E.S.T.
C) Although based in the U.S., the company ships products to both Canada and the U.K.
A
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Which dialectic is concerned with the tension between freedom and independence?
a. autonomy and connectedness b. novelty and predictability c. openness and closedness d. agency and constraint
Firms initially record property, plant, and equipment, sometimes referred to as fixed assets, at acquisition cost, the cash paid or the fair value of other consideration given in exchange for the asset. Which of the following is/are true?
a. Acquisition cost includes all costs necessary to prepare the asset for its intended use. b. Firms capitalize into the asset's carrying amount subsequent expenditures that extend the service life or increase the benefits of a fixed asset beyond those initially anticipated. c. Buildings and equipment have a finite life, so firms must depreciate their acquisition cost less estimated salvage over the expected service life. d. Firms may use a straight-line method or accelerated depreciation methods. e. all of the above
According to Warren Bennis, a distinction between leaders and managers is that the manager accepts the status quo, but the leader ______ it.
Fill in the blank(s) with the appropriate word(s).
Which of the following is not included in the computation of the quick ratio?
A. Marketable securities B. Accounts receivable C. Cash D. Prepaid expenses