Revenues and expenses should be recorded in the same period in which they relate
Indicate whether the statement is true or false
True
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Roberto and Reagan are both 25-percent owner/managers for Bright Light Inc. Roberto runs the retail store in Sacramento, CA, and Reagan runs the retail store in San Francisco, CA. Bright Light generated a $125,000 profit companywide made up of a $75,000 profit from the Sacramento store, a ($25,000) loss from the San Francisco store, and a combined $75,000 profit from the remaining stores. If Bright Light is taxed as a partnership and it is decided that both Roberto and Reagan will be allocated 70 percent of his own store's profit, with the remaining profits allocated pro rata among all the owners, how much income will be allocated to Reagan?
A. $20,000 B. ($25,000) C. ($17,500) D. $5,000
The use of examples and simple language are important in virtual meetings to optimize understanding in the absence of facial expressions
Indicate whether the statement is true or false
In the strategic human resources management, people can ________ by helping to lower costs and providing something unique to customers.
A. provide benchmarking B. provide buffering C. inspire motivation D. create value E. create turnover
As manufacturing batch sizes are reduced, supplier deliveries must become
a. Smaller b. More frequent c. Both smaller and more frequent d. Neither smaller nor more frequent