When using the weighted-average inventory costing method, the dollar amounts for ending inventory and cost of goods sold are the same for both the perpetual and periodic inventory costing methods
Indicate whether the statement is true or false
FALSE
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The only reason a company needs to create an internal control system is to deter intentional fraudulent acts
a. True b. False Indicate whether the statement is true or false
Federal court diversity of citizenship jurisdiction can be established where the plaintiff and defendant are residents of different states and the amount in controversyexceeds $75,000
a. True b. False
All of the following statements regarding other comprehensive income are true except:
A. Other comprehensive income includes foreign currency adjustments. B. Other comprehensive income is added or subtracted to net income to determine comprehensive income. C. Other comprehensive income is not considered when calculating comprehensive income. D. Accumulated other comprehensive income is defined as the cumulative impact of other comprehensive income. E. Other comprehensive income includes unrealized gains and losses on available-for-sale securities.
________ possess low levels of organizational commitment but high levels of task performance and are motivated to achieve work goals for themselves, not necessarily for their company.
A. Apathetics B. Stars C. Lone wolves D. Citizens E. Dogs