In a periodic inventory system, the Cost of Goods Sold account is continuously updated as and when sales occur
Indicate whether the statement is true or false
FALSE
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The ________ ethical tradition would see a simple situation of an agreement for an exchange between two parties as upholding respect for individuals by treating them as autonomous agents capable of pursuing their own ends.
A. strategy-based B. rights-based C. rules-based D. role-based
Individual incentives:
A. may motivate undesirable behaviors in the workforce. B. assist in maximizing teamwork. C. do not promote a link between performance and results. D. require less supervision than group incentives. E. are easier to develop than group incentives.
Barlow owns the surface rights for Canyon Ranch, but does not own the subsurface rights. Dusty owns the subsurface rights. Canyon Ranch includes a house, a bunkhouse, and two barns, which are damaged when Dusty is excavating for minerals under the surface. Most likely responsible for the damage is
a. Dusty. b. Barlow. c. Dusty and Barlow. d. no one.
Focused factories ______.
a. are specialized plants built and operated for a single purpose b. require workers with a very broad range of skills c. completely eliminate the need for inventory d. are used extensively in the service industry