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

The Norwalk Agreement stated the IASB’s and FASB’s common goal of developing accounting standards usable for both domestic and cross-border financial reporting.


ANSWER: T

Business

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After you have established credibility, you need to spend time convincing people that you are a trustworthy source of information

Indicate whether the statement is true or false.

Business

Gugu is conducting a job evaluation in her organization. Her first step is to identify a group of benchmark jobs. Gugu is using the ______ method of job evaluation.

A. job ranking B. point-factor C. factor comparison D. job hierarchy

Business

Changing personnel responsibilities to suit an information system is more disruptive to an organization than ordering additional hardware for the information system.

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

Business

Which of the following trends in the consumer market has increased the difficulty of setting the right price for a product?

a. The unwillingness of many firms to maintain or regain their market share by cutting prices b. The decreased availability of bargain-priced private and generic product brands c. The careful evaluation of each product's price against its value by potential buyers d. The inability of consumers to do comparison shopping

Business