In contrast to department stores, specialty stores carry a narrow, but deep assortment of products and tailor strategy towards selective market segments

Indicate whether the statement is true or false


True

Business

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Which of the following changes in accounting principle does not require the retrospective approach?

a. Change from the percentage-of-completion to the completed-contract method b. Change of inventory method from LIFO to FIFO c. Change of inventory method from FIFO to LIFO d. All of these require retroactive adjustment.

Business

Following back surgery, Bobbi developed an addiction to her prescription pain medication. She enrolled in a drug treatment program and is not currently using the drugs. Since her employer already gave her medical leave for her surgery, they are not required to make any additional accommodations for her drug-related disability.

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

Business

If a person cannot pay debts when they are due, the person is said to be ____________________

Fill in the blank(s) with correct word

Business

Paul White was assigned to a senior employee responsible for instructing new computer programmers. Because of this senior employee's instruction, White gained hands-on experience under normal working conditions. Paul experienced ____ training.

A. simulation B. classroom C. seminar D. on-the-job E. role-playing

Business