For a given contingent liability, the company has the choice of either recording it on the balance sheet or disclosing it in the notes
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
The majority of products are actually a combination of goods and services
Indicate whether the statement is true or false
In downward communication management attempts to ____ activities within an organization while with horizontal communication management hopes to ____ them
a. control; coordinate b. coordinate; contain c. coordinate; control d. conduct; control
Which of the following statements is most CORRECT?
A. The high value of the U.S. dollar relative to Japanese and European currencies in the 1980s, made U.S. companies comparatively inexpensive to foreign buyers, spurring many mergers. B. During the 1980s, the Reagan and Bush administrations tried to foster greater competition and they were adamant about preventing the loss of competition; thus, most large mergers were disallowed. C. The expansion of the junk bond market made debt more freely available for large acquisitions and LBOs in the 1980s, and thus, it resulted in an increased level of merger activity. D. Increased nationalization of business and a desire to scale down and focus on producing in one's home country has virtually halted cross-border mergers today. E. Because strategic alliances and joint ventures are easy to form and enable firms to compete better in the global economy than would mergers, merger activity has virtually come to a halt in the 21st century.
Why are measures of central tendency and measures of variability important to a visual representation of the distribution of data?
What will be an ideal response?