Describe a gender communication difference you have observed at work. 

What will be an ideal response?


Student answers will vary; additional sample answers may be found in the IM.

Business

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Which of the following is/are not true regarding inventories when their replacement cost declines below acquisition cost?

a. Both U.S. GAAP and IFRS require firms to write down inventories when their replacement cost, or market value, declines below acquisition cost. b. Accountants refer to the inventory as impaired and to this valuation as the lower-of-cost-or-market basis. c. The journal entry to record the inventory impairment results in a loss and a new balance sheet carrying value that is the lower of cost or market value. d. U.S. GAAP permits firms to recognize subsequent value increases, as long as the new value remains less than the original acquisition cost. e. IFRS permits firms to reverse previous impairments, up to the amount of the original acquisition cost of the inventory, if the circumstances that caused the inventory impairment no longer exist.

Business

Identify two advantages of the moving average forecasting model. Identify two disadvantages of the moving average forecasting model

What will be an ideal response?

Business

Reduced flexibility of staff is a disadvantage of self-managing teams.

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

Business

Nathan is in charge of inventory management at a furniture manufacturing company. Givenhis role, Nathan will be responsible ________

A) for the machinery used in manufacturing B) for the evaluation of the demand for furniture for a given period C) for the wood and aluminum used for the furniture D) for the capital required for production

Business