Budgets
a. should contain both revenues and expenses.
b. contain as much information as possible.
c. are presented in dollars only; nondollar data should be excluded.
d. are synonymous with managing an organization.
D
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Answer the following statements true (T) or false (F)
1. Investors and creditors can evaluate a company by examining only one year of data. 2. Investors and creditors cannot evaluate a company by examining only one year of data. 3. To accurately determine the financial performance of a company, it is necessary to compare its performance from year to year, with a competing company, and with the same industry as a whole. 4. Horizontal analysis provides a year-to-year comparison of a company's performance in different periods. 5. Ratio analysis is used most effectively to measure a company against other companies in different industries.
Discussing the surprisingly high percentage of cancers caused by secondhand smoke would most likely be an example of which attention-getting technique?
a. Startling or shocking the audience b. Using an interesting quote from a relevant source c. Using humor to gain the audience’s attention d. Using a story to arouse emotion
A cost management system
a. is finalized when the information currently being produced is the same as the information currently desired. b. can be generically designed to fit the information needs of the majority of domestic (but not global) organizations. c. must be continuously improved to adapt to changes in an organization's internal and external environment. d. that has been appropriately designed from gap analysis, does not need to be changed unless there is a change in organizational management or culture.
Direct physical contact, such as intentionally hitting someone with a fist, is considered battery
Indicate whether the statement is true or false