The European Union and foreign nations have begun a spirited effort to beef up their competition laws
Indicate whether the statement is true or false
True
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Occasionally, companies engage in important investing and financing activities which do not affect cash. If the amount of the transaction is significant, how should it be disclosed when financial statements are prepared?
a. In the investing section if the amount of investing activities are greater than the financing activities amount. b. In the financing section if the amount of financing activities are greater than the investing activities amount. c. In a note to the financial statements or in a supplemental schedule. d. The transaction does not need to be disclosed.
The balance scorecard
a. is rarely used. b. produces formal reports. c. only applies to manufacturing companies. d. links the organization's perspectives with stakeholders.
A computer is a digital electronics device that supports four activities that do NOT include ____.
A. Input B. Output C. Processing D. Decision making
If an item is ordered at its economic order quantity, the annual carrying cost should be:
a. slightly less than the annual ordering cost. b. equal to the annual ordering cost. c. twice the annual purchase price. d. the square root of the annual ordering cost. e. cannot be determined because there is insufficient information provided.