A useful way to distinguish between goods and services is to place them on a continuum from ____________ to ____________
a. practical; impractical
b. tangible-dominant; intangible-dominant
c. low; high
d. reliable; unreliable
e. prepared; unprepared
b
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Important constraints underlying the qualitative characteristics of accounting information are
a. historical cost and going concern. b. materiality, conservatism, and cost-effectiveness. c. consistency, comparability, and conservatism. d. verifiability, neutrality, and representational faithfulness.
Zhenyu, a manager at Finertech Inc, needs to inform an employee who reports to him that he was not considered for a promotion. He intends to use a channel of communication that will allow him a great degree of control over his message. In this scenario, which of the following channels of communication should Zhenyu use??
A) ?A written channel B) ?A visual channel C) ?A nonverbal channel D) ?A kinesic channel
On the crossover chart where the costs of two or more location alternatives have been plotted, the quantity at which two cost curves cross is the quantity where:
A) fixed costs are equal for two alternative locations. B) variable costs are equal for two alternative locations. C) total costs are equal for all alternative locations. D) fixed costs equal variable costs for one location. E) total costs are equal for two alternative locations.
Social capital refers to the norms and networks that enable collective action.
Answer the following statement true (T) or false (F)