Before preparing the balance sheet and income statement, an accountant would use what accounting record to first record the firm's transactions?
a. the trial balance
b. the adjusting entry
c. the general ledger
d. the subsidiary ledger
e. the journal
E
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An expert system can increase efficiency by enabling more highly skilled employees to do work that otherwise would require many less-skilled employees.
Answer the following statement true (T) or false (F)
Which of the following is true about a brand-asset management team (BAMT)?
A) A BAMT is part of the triangular and vertical product team structures. B) BAMTs often report directly to the organization's chief branding officer. C) BAMTs are a traditional, tried and tested means of managing brands. D) Companies with a product-management organization often have only one BAMT. E) The BAMT consists of key representatives from functions affecting the brand's performance.
Answer the following statement(s) true (T) or false (F)
1. Managers on temporary assignments overseas continue to play a very important role in managing today’s global organizations. 2. An ethnocentric staffing strategy of multinational organizations involves using local foreign managers only. 3. An ethnocentric staffing strategy of multinational organizations involves using home country managers predominately. 4. A geocentric staffing strategy of multinational organizations involves using a mix of nationalities within regions.
The measure of damages for breach of a construction contract depends on which party breaches and when.
Answer the following statement true (T) or false (F)