Booking sales in advance of actual contracts is not a violation of accounting rules

Indicate whether the statement is true or false


FALSE

Business

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How has the Internet most likely affected the distribution channel of an artisan who makes handmade dolls that had been sold only at craft shows?

What will be an ideal response?

Business

Financial analysis is normally done only from period to period, on such values as sales from the first quarter to those of the second quarter rather than the change in cash or accounts receivable from the end of the first quarter to the end of the second quarter

Indicate whether the statement is true or false

Business

In which of the following environments do managers in an organization have the greatest influence on organizational outcomes?

A. stable and complex environments B. dynamic and simple environments C. stable and simple environments D. dynamic and complex environments

Business

An athlete making $7,000,000 pays 6.2% on the full $7,000,000 in Social Security taxes

Indicate whether the statement is true or false

Business