Companies in Mexico had to begin using IFRS by 2012
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
A statement of cash flows classifies activities into:
a. operating, selling and capital activities. b. manufacturing, retailing and business activities. c. operating, investing and financing activities. d. business, investment and capital activities.
A salesclerk at Sparkle Jewelry Store observed a customer remove a ring from a display case and put it in his pocket. In most states, Sparkle
a. can reasonably detain the customer for suspicion of shoplifting. b. cannot detain the customer but can alert the police. c. cannot detain the customer but once the customer leaves the store, the salesclerk can make a citizen's arrest. d. cannot detain the customer but can sue for conversion.
Name and describe the types of conditions, explain how conditions are created, and discuss whether it is important to identify the type of condition in a contract
A mid-level sales manager has created a tactical plan, setting goals for her division and establishing the program for her team to follow. Three months have gone by
Now she is in the phase of controlling and evaluating the program. She is measuring the performance of her sales staff by comparing the original goals and objectives with actual achievements. She looks at the number of sales calls, the number of deals closed, the number of days worked, and the amount of sales in terms of money collected. One salesperson, Deeanna, has far exceeded her monthly quotas for the past three months, whereas a co-worker, Mark, has fallen under his quotas for the same period. Mark has repeatedly pointed out that Deeanna's successful sales are due to an advertising campaign that promotes only her product line. From looking at the performance measures, the manager knows, however, that Deeanna has made twice as many sales calls as Mark and has not missed a day of work all year. Mark, on the other hand, is frequently absent, especially around holidays and the day after big Sunday night football games. What does Mark assume when he claims that Deeanna's high sales were caused by the advertising campaign? A) Mark's sales will increase next quarter if an ad campaign is put out for his product line. B) The ad campaign was designed specifically to help Deeanna meet and exceed her sales objectives. C) The sales manager favors Deeanna over Mark and so discounts the fact that the ad campaign is only for Deeanna's product line. D) Deeanna's sales call efforts and good attendance contributed nothing toward meeting and exceeding her sales objectives. E) Mark is the better salesperson but customers just like Deeanna's product line better.