Answer the following statements true (T) or false (F)

Because events that are internal to the firm are not considered “transactions,” they do not require entries in the firm’s accounts.


ANSWER: F

Business

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An organization’s core ideology is made up of ______.

A. the business plan and marketing strategy B. core values and long-range objectives C. core values and purpose/mission D. code of ethics and code of conduct

Business

Why did Nick Leeson sell numerous short straddles for each long futures contract he bought?

What will be an ideal response?

Business

The absolute dollar outlay for advertising is usually low.

Answer the following statement true (T) or false (F)

Business

Taryn's organization places high value on employees who are confrontational and aggressive in their relationships with others. The GLOBE Project would rate this organization as high in which cultural dimension?

A. humane orientation B. performance orientation C. assertiveness D. uncertainty avoidance E. institutional collectivism

Business