A business valuation is not usually essential when
a. giving a gift of stock.
b. going public.
c. selling a business division.
d. hiring a new director of operations.
ANSWER: d
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Which of the following statements is false?
a. With the pull approach to manufacturing, factory machinery typically is arranged in factory cells. b. The pull approach to manufacturing should lead to reduced work in process and finished goods inventories. c. The pull approach to manufacturing should lead to shorter production runs. d. Enterprise resource planning (ERP) employs a pull approach to manufacturing.
In applying the matching rule, expenses should be recognized in the same accounting period as the revenues to which they are related.
Indicate whether the statement is true or false
Which of the following is true of e-commerce?
A) Lessors cannot use web addresses to lease goods. B) Intellectual property cannot be explicitly listed for sale on a website. C) A Web contract is not binding as opposed to an e-mail contract. D) A Web contract is not valid if it does not fulfill all the elements of a traditional contract.
Food Packagers Union represents the workers of Garden Variety, Inc The company does not require its new hires to join the union as a prerequisite to obtaining employment. Food Packagers would like Garden Variety to require the workers to join after a specified amount of time on the job. This would violate
a. federal labor law. b. federal immigration law. c. federal wage and hour laws. d. no federal law.