Under the historical cost principle, assets are recorded at their original cost
Indicate whether the statement is true or false
T
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Answer the following statements true (T) or false (F)
1. Some business journalists are critical of sustainability. They argue that it means constraining economic development. 2. The reputations of corporations who address environmental issues are not likely to be enhanced because these behaviours are now expected of all businesses. 3. Profitability is likely reduced due to a focus on environmental concerns. 4. Globalization is a recent phenomenon, with growth in international trade increasing in the last two decades. 5. Globalization is a process that contradicts protectionism.
The budgeting process formalizes and documents managerial plans to clearly communicate objectives to both superiors and subordinates. This budgeting requirement is an example of:
A. planning. B. performance measurement. C. budget coordination. D. taking corrective action.
The resource-based view of organizations states that people are valuable assets because their knowledge, skills, and abilities are rare and also because people are
A. accessible. B. infallible. C. incorrigible. D. adaptable. E. inimitable.
Based on the three source tables, how many columns will the dimension CUSTOMER in the populated star schema for ALSETMAX COMPANY have? (Assume that the dimension uses a surrogate key, but no time stamps or row indicators.)
A) 6 B) 7 C) 8 D) 10